Plus   Neg

Jacobs Engineering Group Inc. Bottom Line Climbs In Q1

Jacobs Engineering Group Inc. (JEC) revealed earnings for its first quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $97 million, or $0.77 per share. This was higher than $83 million, or $0.68 per share, in last year's first quarter.

Analysts had expected the company to earn $0.72 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.7% to $2.8 billion. This was up from $2.6 billion last year.

Jacobs Engineering Group Inc. earnings at a glance:

-Earnings (Q1): $97 Mln. vs. $83 Mln. last year.
-Earnings Growth (Y-o-Y): 16.9%
-EPS (Q1): $0.77 vs. $0.68 last year.
-EPS Growth (Y-o-Y): 13.2%
-Analysts Estimate: $0.72
-Revenue (Q1): $2.8 Bln vs. $2.6 Bln last year.
-Revenue Change (Y-o-Y): 7.7%

Full year EPS guidance: $3.85 - $4.25

For comments and feedback contact: editorial@rttnews.com

Follow RTT