Jacobs (J) Tops Q2 EPS by 3c, Beats on Revenue; Offers FY23 EPS Guidance

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Jacobs Reports Fiscal Second Quarter 2023 Earnings

May 9, 2023 6:40 AM EDT

Operating Profit up 74% Year-Over-Year, Adjusted Operating Profit up 7%1

People and Places Solutions Operating Profit up 21% Year-Over-Year

Second Quarter Revenue up 6% Year-Over-Year; 9% in Constant Currency1

Narrows Fiscal 2023 Outlook Range; Reiterates 100% Cash Flow Conversion Target

Announced Plans for Spin-off of Critical Mission Solutions Business

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