Jacobs Engineering: Q1 Earnings Insights

Shares of Jacobs Engineering Group J rose 0.0% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 17.50% year over year to $1.41, which beat the estimate of $1.27.

Revenue of $3,382,000,000 rose by 0.65% year over year, which missed the estimate of $3,390,000,000.

Outlook

Jacobs raised FY21 adjusted EPS guidance from $5.20-$6.00 to $5.30-$6.00.

Details Of The Call

Date: Feb 09, 2021

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvest.jacobs.com%2F&eventid=2947566&sessionid=1&key=C67E3B8B2DEC62530182C69E845AA186&regTag=&V2=false&sourcepage=register

Technicals

Company's 52-week high was at $116.73

52-week low: $59.29

Price action over last quarter: Up 2.61%

Company Overview

Jacobs Engineering is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Engineering employs approximately 55,000 workers. The company generated $13.6 billion in revenue and $970 million in adjusted operating income in fiscal 2020.