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Jacobs Solutions (J) Reports Q2 Earnings: What Key Metrics Have to Say
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Jacobs Solutions (J - Free Report) reported $4.27 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 4.7%. EPS of $1.91 for the same period compares to $1.81 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $4.25 billion, representing a surprise of +0.45%. The company delivered an EPS surprise of +3.80%, with the consensus EPS estimate being $1.84.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Jacobs Solutions performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- PA Consulting: $293.97 million versus the three-analyst average estimate of $314.83 million. The reported number represents a year-over-year change of -2.3%.
Revenues- Critical Mission Solutions: $1.23 billion compared to the $1.24 billion average estimate based on three analysts. The reported number represents a change of +3.2% year over year.
Segment Operating Profit- Critical Mission Solutions: $103.65 million versus $101.25 million estimated by three analysts on average.
Segment Operating Profit- Divergent Solutions: $18.97 million versus $22.77 million estimated by three analysts on average.
Segment Operating Profit- PA Consulting: $60.17 million compared to the $61.23 million average estimate based on three analysts.
Segment Operating Profit- People & Places Solutions: $267.77 million versus the three-analyst average estimate of $252.71 million.
Shares of Jacobs Solutions have returned +2% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Jacobs Solutions (J) Reports Q2 Earnings: What Key Metrics Have to Say
Jacobs Solutions (J - Free Report) reported $4.27 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 4.7%. EPS of $1.91 for the same period compares to $1.81 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $4.25 billion, representing a surprise of +0.45%. The company delivered an EPS surprise of +3.80%, with the consensus EPS estimate being $1.84.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Jacobs Solutions performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- PA Consulting: $293.97 million versus the three-analyst average estimate of $314.83 million. The reported number represents a year-over-year change of -2.3%.
- Revenues- Critical Mission Solutions: $1.23 billion compared to the $1.24 billion average estimate based on three analysts. The reported number represents a change of +3.2% year over year.
- Segment Operating Profit- Critical Mission Solutions: $103.65 million versus $101.25 million estimated by three analysts on average.
- Segment Operating Profit- Divergent Solutions: $18.97 million versus $22.77 million estimated by three analysts on average.
- Segment Operating Profit- PA Consulting: $60.17 million compared to the $61.23 million average estimate based on three analysts.
- Segment Operating Profit- People & Places Solutions: $267.77 million versus the three-analyst average estimate of $252.71 million.
View all Key Company Metrics for Jacobs Solutions here>>>Shares of Jacobs Solutions have returned +2% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.