logo
  

Jacobs Engineering Guides FY22 Adj. EPS In Line With Estimates - Quick Facts

While reporting financial results for the fourth quarter on Tuesday, professional services provider Jacobs Engineering Group Inc. (JEC) initiated its adjusted earnings outlook for the full-year 2022.

For fiscal 2022, the company now projects adjusted earnings in a range of $6.85 to $7.45 per share and adjusted EBITDA between $1.37 billion and $1.45 billion.

On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $7.06 per share for the year. Analysts' estimates typically exclude special items.

The company also said it expects adjusted earnings of approximately $10.00 per share in fiscal 2025.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Cryptocurrency Dogecoin's price jumped over 15% on Friday, but later lost some of the gains, after Tesla Inc. (TSLA) CEO Elon Musk announced that the luxury car maker will start accepting the meme cryptocurrency as payment for its merchandise. "Tesla merch buyable with Dogecoin," Musk tweeted on Friday. Dogecoin... US investment bank JPMorgan Chase & Co. reported Friday a profit for the fourth quarter that declined 14 percent from last year, hurt primarily by higher noninterest expense and lower credit reserve releases. Both adjusted earnings per share and revenues for the quarter topped analysts' expectations. Microsoft Corp. said its Board of Directors has initiated a review of the effectiveness of its workplace sexual harassment and gender discrimination policies and practices. The company has hired the law firm of Arent Fox to conduct the review mainly on sexual harassment investigations, including that of co-founder Bill Gates.
Follow RTT