Pasadena, California-based Jacobs Engineering Group Inc. provides engineering and other services related to design and construction of major facilities, plants, infrastructure and other projects. The company shares high brand value in the market but is also exposed to certain risks of external market uncertainties.
The company delivered better-than-expected results in the last four quarters. Average earnings surprise was a positive 11.40%.
Jacobs Engineering Group Inc. Price and EPS Surprise
Jacobs Engineering Group Inc. Price and EPS Surprise | Jacobs Engineering Group Inc. Quote
Currently, Jacobs carries a Zacks Rank# 2 (Buy) but that could change following its second-quarter fiscal 2018 (ended Mar 31, 2018) earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. We have highlighted some of the key details from the just-released announcement below:
Earnings: Adjusted earnings per share in the second quarter of fiscal 2018 came in at $1.00, above the Zacks Consensus Estimate of 88 cents.
Revenue: Revenues of $3,935 million were above the Zacks Consensus Estimate of $3,532 million.
Key Stats: JEC has raised its adjusted earnings guidance for fiscal 2018 to the $4.00-$4.40 per share range, higher than the previously estimated range of $3.85-$4.25 per share range. Going forward, JEC is poised to grow on the back of sturdier segmental performance and CH2M buyout benefits.
Stock Price: Jacobs’ shares were down 0.2% ahead of the report.
Check back later for our full write up on this JEC earnings report later!
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Jacobs (JEC) Beats on Q2 Earnings & Revenues Estimates
Pasadena, California-based Jacobs Engineering Group Inc. provides engineering and other services related to design and construction of major facilities, plants, infrastructure and other projects. The company shares high brand value in the market but is also exposed to certain risks of external market uncertainties.
The company delivered better-than-expected results in the last four quarters. Average earnings surprise was a positive 11.40%.
Jacobs Engineering Group Inc. Price and EPS Surprise
Jacobs Engineering Group Inc. Price and EPS Surprise | Jacobs Engineering Group Inc. Quote
Currently, Jacobs carries a Zacks Rank# 2 (Buy) but that could change following its second-quarter fiscal 2018 (ended Mar 31, 2018) earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. We have highlighted some of the key details from the just-released announcement below:
Earnings: Adjusted earnings per share in the second quarter of fiscal 2018 came in at $1.00, above the Zacks Consensus Estimate of 88 cents.
Revenue: Revenues of $3,935 million were above the Zacks Consensus Estimate of $3,532 million.
Key Stats: JEC has raised its adjusted earnings guidance for fiscal 2018 to the $4.00-$4.40 per share range, higher than the previously estimated range of $3.85-$4.25 per share range. Going forward, JEC is poised to grow on the back of sturdier segmental performance and CH2M buyout benefits.
Stock Price: Jacobs’ shares were down 0.2% ahead of the report.
Check back later for our full write up on this JEC earnings report later!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>