Jacobs Solutions (J)
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Jacobs to Operate and Maintain Largest Water Recycling System in Southern California
Prnewswire· 2025-05-01 11:45
Core Points - Jacobs has been awarded a five-year contract by the West Basin Municipal Water District for operations and maintenance services at the Edward C. Little Water Recycling Facility, which is the largest water recycling operation in the U.S. [1][4] - The Edward C. Little Water Recycling Facility produces 40 million gallons of recycled water per day and offers five types of fit-for-purpose recycled water [2][3] - Jacobs will utilize its Digital OneWater suite, including Intelligent O&M, to enhance sustainability and operational efficiencies while optimizing chemical and power consumption [3][4] Company Overview - Jacobs generates approximately $12 billion in annual revenue and employs nearly 45,000 people, providing end-to-end services across various sectors including water, energy, and environmental services [5] - The company has a history of delivering and modernizing significant water infrastructure projects in California, enhancing the reliability and quality of water services [4][5] Industry Context - The West Basin Municipal Water District plays a crucial role in supplying quality recycled water as a sustainable resource to municipal, industrial, and commercial customers in coastal Los Angeles County [3][4] - The contract with Jacobs reflects West Basin's commitment to long-term performance and quality service in recycled water treatment [4]
Jacobs Solutions Announces Special Dividend of 7,299,065 Shares of Amentum Common Stock
Prnewswire· 2025-04-30 20:59
Core Points - Jacobs' Board of Directors approved a special dividend of 7,299,065 shares of Amentum Holdings, Inc. to be distributed to shareholders of record as of May 16, 2025, with the distribution expected on May 30, 2025 [1][2] - The shares were released from escrow following the completion of a Reverse Morris Trust transaction involving Jacobs' Critical Mission Solutions and Divergent Solutions businesses merging with Amentum [2][3] - The distribution will be pro rata based on the number of Jacobs shares outstanding on the record date, with no fractional shares being distributed [3][4] Distribution Details - Shareholders will receive a book-entry account statement or brokerage account credit reflecting their ownership of Amentum common stock after the dividend [5] - An information statement will be provided post-record date detailing the distribution ratio, treatment of fractional shares, and expected tax consequences for U.S. federal income tax purposes [6] - The ex-dividend date is set for May 16, 2025, meaning any acquisition of Jacobs' common stock after this date will not include the right to receive the Amentum Share Dividend [7][8] Company Overview - Jacobs operates with approximately $12 billion in annual revenue and a workforce of nearly 45,000, providing a full spectrum of professional services across various sectors [9]
Analysts Estimate Jacobs Solutions (J) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-04-29 15:08
Company Overview - Jacobs Solutions (J) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended March 2025, with earnings expected to be $1.41 per share, reflecting a decrease of 26.2% [1][3] - Revenues are projected to be $3.02 billion, down 29.3% from the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 0.41% higher in the last 30 days, indicating a slight positive adjustment from analysts [4] - The Most Accurate Estimate for Jacobs Solutions is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -4.03%, suggesting a bearish outlook from analysts [10][11] Earnings Surprise History - In the last reported quarter, Jacobs Solutions had an expected EPS of $1.29 but delivered $1.33, resulting in a surprise of +3.10% [12] - Over the past four quarters, the company has beaten consensus EPS estimates four times [13] Industry Comparison - Zeta Global Holdings (ZETA), another player in the Zacks Technology Services industry, is expected to post earnings of $0.12 per share for the same quarter, indicating a significant year-over-year change of +1,100% [17] - Zeta's revenues are expected to be $253.49 million, up 30% from the previous year, but it has an Earnings ESP of -13.04%, making it difficult to predict a beat on the consensus EPS estimate [18]
Jacobs to Deliver Integrated Solutions for US General Services Administration
Prnewswire· 2025-04-29 11:45
Core Insights - Jacobs has been awarded an unrestricted U.S. GSA OASIS+ Multi-Agency Contract, enabling the company to provide integrated services to various federal agencies globally [1][2] - The contract allows Jacobs to deliver a comprehensive range of services, including management, advisory, environmental, engineering, and technical support [2] - Jacobs has a strong track record of over 20 years in delivering critical projects for federal clients, showcasing its commitment to meeting evolving needs with innovative solutions [3] Company Performance and Recognition - Jacobs is recognized as a leader in several categories, ranking No. 1 in Government Office Design, No. 2 in Construction Management/PM-for-Fee Firms, No. 2 in Site Assessment & Compliance, and No. 3 in the Top 200 Environmental Firms by Engineering News-Record in 2024 [4] - The company generates approximately $12 billion in annual revenue and employs nearly 45,000 people, providing end-to-end services across various sectors [5]
Jacobs Secures U.S. Air Force Environmental Support Contract
ZACKS· 2025-04-17 14:20
Core Viewpoint - Jacobs Solutions Inc. has secured a significant multi-year contract with the U.S. Air Force, emphasizing its role in providing global architecture and engineering services, particularly in environmental restoration and infrastructure resilience [1][3]. Contract Details - The contract is structured as an Indefinite Delivery Indefinite Quantity, Multiple Award Task Order Contract, with a five-year base period and an option for an additional five years, having an estimated ceiling of $1.5 billion [2][4]. Company Background - Jacobs has over 20 years of experience delivering critical infrastructure and engineering services to the U.S. Air Force, highlighting its commitment to national security and resilience across various critical systems [3]. Service Scope - Under the contract, Jacobs will provide comprehensive environmental services, including planning, investigation, assessment, design, and field inspection for the U.S. Air Force and other federal agencies [4]. Growth and Demand - Jacobs has seen increased demand for its consulting services across various sectors, including infrastructure, water, environment, and cybersecurity, supported by a strong backlog of $21.8 billion, which is an 18.9% increase year-over-year [5][6]. Market Performance - Despite a year-to-date stock decline of 12.8%, Jacobs is expected to benefit from trends in infrastructure modernization, energy transition, and national security [8].
Jacobs Wins a $137M Contract for the Rebuild USVI Initiative
ZACKS· 2025-04-16 16:10
Group 1 - Jacobs Solutions Inc. has been awarded a $137 million contract by the Virgin Islands Public Finance Authority for the "Rebuild USVI" initiative, focusing on critical infrastructure projects [1][3] - The company will collaborate with the U.S. Virgin Islands' Super Project Management Office on various projects, including hospitals, schools, and utilities, while also providing advisory and consulting services [2] - Jacobs' backlog reached $21.8 billion at the end of fiscal first-quarter 2025, reflecting an 18.9% increase year-over-year, driven by strong project wins in key markets [5] Group 2 - The company has seen increased demand for its consulting services across multiple sectors, including infrastructure and life sciences, indicating a positive growth trend [4] - Despite a 12% decline in stock year-to-date, Jacobs is expected to benefit from trends in infrastructure modernization and energy transition [7]
Jacobs Secures Environmental Services Contract with US Air Force
Prnewswire· 2025-04-16 11:45
Multi-year award supports environmental compliance and restoration efforts for US Air Force installations and federal agencies globally DALLAS, April 16, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected by the U.S. Air Force Civil Engineer Center (AFCEC) to deliver architecture and engineering globally through an indefinite delivery indefinite quantity (IDIQ), multiple award task order contract (MATOC) to support environmental restoration, environmental conservation, planning and environmental quality. Un ...
Jacobs to Hold Its Fiscal Second Quarter 2025 Earnings Conference Call and Webcast
Prnewswire· 2025-04-15 14:00
Company Overview - Jacobs is a leading company with approximately $12 billion in annual revenue and a workforce of nearly 45,000 employees [2] - The company provides end-to-end services across various sectors including advanced manufacturing, energy, environmental, life sciences, transportation, and water [2] Upcoming Earnings Release - Jacobs plans to release its fiscal second quarter 2025 earnings results before market open on May 6, 2025 [1] - A conference call will be held at 10:00 a.m. ET on the same day, where management will present the company's results and operating trends [1] Communication and Disclosure - The company utilizes various channels such as press releases, SEC filings, and public conference calls to comply with disclosure obligations [3] - Important information is routinely posted on the company's website, encouraging stakeholders to monitor these channels for material disclosures [3]
Jacobs Awarded Program Management Contract to Rebuild U.S. Virgin Islands
Prnewswire· 2025-04-15 11:45
Critical infrastructure includes hospitals, schools, transit corridors, water and power projects Advisory and consulting services will guide future project phases DALLAS, April 15, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was contracted by the Virgin Islands Public Finance Authority to deliver program management services for the "Rebuild USVI" initiative – the U.S. Virgin Island's plan to recover and rebuild following hurricanes Irma and Maria. With a contract value of $137 million, Jacobs will work with the ...
Jacobs Announces Determination of Post-Closing Adjustments Relating to the Critical Mission Solutions Separation Transaction
Prnewswire· 2025-04-10 20:07
Core Insights - Jacobs announced it received $70 million and 7,299,065 shares of Amentum Holdings, Inc. as part of the CMS Separation Transaction, marking the final adjustments related to this merger [1][2][3] Financial Impact - The $70 million received was utilized to repay a portion of Jacobs' outstanding debt [2] - The shares of Amentum common stock represent 3% of Amentum's outstanding shares at the time of the transaction's closure, with plans to distribute them to Jacobs' shareholders pending Board approval [2] Transaction Completion - The final determination of post-closing adjustments signifies the completion of the CMS Separation Transaction, aside from certain ongoing transition services [3] Company Overview - Jacobs operates with approximately $12 billion in annual revenue and a workforce of nearly 45,000, providing comprehensive services across various sectors including advanced manufacturing, energy, and environmental solutions [4]