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Engineering Services Company Jacobs Solutions Tightens FY24 EPS Forecast: Details Here

Jacobs Solutions Inc. (NYSE:J) shares are trading higher after it reported third-quarter FY24 results. Revenue was $4.23 billion, beating the consensus of $3.99 billion. Adjusted EPS totaled $1.96, which was in line with the consensus. Jacobs’ CEO Bob Pragada said, “This quarter, we made significant strides in our portfolio optimization, focusing on high-growth sectors that emphasize sustainability and infrastructure resilience. Our bookings and backlog remain strong, demonstrating the trust our clients place in our ability to deliver innovative solutions for complex challenges.” The backlog ...