Technical consultancy services provider Jacobs Engineering Group Inc. (JEC) reported third quarter net earnings attributable to Jacobs of $97.9 million or $0.76 per share, higher than $90.68 million or $0.71 per share in the prior year quarter.
On average, 20 analysts polled by Thomson Reuters expected the company to earn $0.75 per share for the quarter. Analysts' estimates typically exclude special items.
Quarterly revenues rose to $2.77 billion from $2.74 billion a year earlier. Seventeen analysts had a consensus revenue estimate of $2.87 billion for the quarter.
Looking ahead to fiscal 2012, the company maintains its earnings guidance to a range of $2.80 to $3.00 per share. Analysts now estimates the company to earn $2.89 per share for fiscal 2012.
For comments and feedback: editorial@rttnews.com