Jacobs Solutions (J) said it is raising adjusted EPS range for fiscal 2025 to $6.00-6.10, narrowing fiscal 2025 outlook for adjusted net revenue to grow approximately 5.5% over fiscal 2024, narrowing fiscal 2025 outlook for adjusted EBITDA margin to be approximately 13.9% and continues to expect reported free cash flow conversion to exceed 100% of net income.
For the third quarter, the company's bottom line totaled $179.61 million, or $1.55 per share. This compares with $146.93 million, or $1.17 per share, last year. Excluding items, Jacobs Solutions reported adjusted earnings of $194.83 million or $1.62 per share for the period. Revenue rose 5.1% to $3.031 billion from $2.883 billion last year.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.