Tuesday, Jacobs Solutions Inc. (J) announced its second-quarter financial results, reporting a net loss from continuing operations of $42.9 million, or $0.32 a share, compared with a net profit of $11.2 million, or $0.10 a share, last year.
Adjusted net earnings from continuing operations amounted to $205.9 million, or $1.75 a share, compared to $175.5 million, or $1.43 a share, in the previous year.
Revenue for the period rose to $3.694 billion from last year's $2.910 billion.
Looking ahead to the full year 2026, the company projects adjusted earnings in the range of $7.10 to $7.35 per share, instead of the previously estimated $6.95 to $7.30 per share.
In the after-hours, J is trading at $134.00, down 1.87 percent on the New York Stock Exchange.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.