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Jacobs Selected to Provide Program Management Services for Florida Public Transit Expansion
prnewswire.com· 2024-05-22 11:45
Program will connect state's third biggest airport to world's third busiest cruise port Leveraging experience from similar complex infrastructure programs, Jacobs will manage all program services under its five-year, $17.5 million contract with the county, from developing design criteria for the initial rail transit project to identifying ways to optimize system maintenance and operations. In addition to light rail, the program includes bus rapid transit and commuter rail as well as transit-oriented develop ...
Jacobs Announces New Chief Financial Officer
prnewswire.com· 2024-05-16 21:00
Venk Nathamuni Appointed Chief Financial Officer, Effective June 3, 2024DALLAS, May 16, 2024 /PRNewswire/ -- Jacobs (NYSE:J) today announced the appointment of Venk Nathamuni as the company's new Chief Financial Officer (CFO), effective June 3, 2024.Venk NathamuniView PDFVenk Nathamuni leadership infographicDuring a 30+ year career, which includes 15 years' experience in executive-level finance and strategic leadership roles, Venk Nathamuni brings a wealth of knowledge and expertise to his new role at Jacob ...
Jacobs (J) Q2 Earnings Beat, View Narrowed, Shares Fall
Zacks Investment Research· 2024-05-07 17:56
Jacobs Solutions Inc. (J) reported second-quarter fiscal 2024 (ended Mar 29, 2024) results, with earnings and revenues surpassing their respective Zacks Consensus Estimate.The quarterly performance was backed by robust growth in its People and Places Solutions (P&PS) business with a 7% year-over-year increase in gross profit and backlog growth. This reflects the company's broad-based strength in global infrastructure and sustainability investment.The company is striving to create a leaner operating model th ...
Jacobs Solutions (J) - 2024 Q2 - Earnings Call Transcript
2024-05-07 17:51
Company Participants Conference Call Participants Operator Thank you. I will now turn the conference over to Ayan Banerjee, Senior Vice President, Finance, Treasury, Investor Relations, Corporate Development. Ayan, you may begin your conference. Thank you. Good morning. Our earnings announcement was filed this morning and we have posted a slide presentation on our website, which we'll reference during the call. Turning to the agenda on Slide 3. Speaking on today's call will be Jacobs' CEO, Bob Pragada; and ...
Jacobs Solutions (J) Reports Q2 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-07 14:36
Jacobs Solutions (J) reported $4.27 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 4.7%. EPS of $1.91 for the same period compares to $1.81 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.25 billion, representing a surprise of +0.45%. The company delivered an EPS surprise of +3.80%, with the consensus EPS estimate being $1.84.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
Jacobs Solutions (J) - 2024 Q2 - Earnings Call Presentation
2024-05-07 12:21
▪ We are committed to respecting the rights and dignity of individuals within our operations and where we do business. We require our partners and supply chain to uphold the same level of commitment and due diligence to the human rights standards we hold ourselves accountable to. Governance Overview and ESG Documents Use of Non-GAAP financial measures and operating metrics Adjusted operating profit, adjusted earnings from continuing operations before taxes, adjusted income taxes from continuing operations, ...
Jacobs Reports Fiscal Second Quarter 2024 Earnings
Prnewswire· 2024-05-07 10:40
Second Quarter Revenue up 4.7% Year-Over-Year People and Places Solutions (P&PS) Revenue up 7.5% Year-Over-Year Operating Profit down 3% Year-Over-Year, Adjusted Operating Profit up 10%1 Repurchased $95M in Shares During the Second Quarter Narrows Fiscal 2024 Adjusted EBITDA and Adjusted EPS Range DALLAS, May 7, 2024 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal second quarter ended March 29, 2024. Q2 2024 Highlights: Revenue of $4.3 billion up 4.7% y/ ...
Jacobs (J) to Report Q2 Earnings: What's in the Offing?
Zacks Investment Research· 2024-05-06 16:21
Jacobs Engineering Group Inc. (J) is slated to report second-quarter fiscal 2024 results on May 7, before market open.In the last reported quarter, the company’s earnings and revenues surpassed the Zacks Consensus Estimate by 34.7% and 3.7%, respectively. On a year-over-year basis, its earnings grew 28% and revenues increased 9.5%.The leading provider of professional, technical and construction services’ earnings topped the consensus mark in two of the last four quarters and missed on other two occasions, w ...
Jacobs Declares Quarterly Dividend
Prnewswire· 2024-05-02 15:40
DALLAS, May 2, 2024 /PRNewswire/ -- The Board of Directors of Jacobs (NYSE:J) has declared a quarterly cash dividend payable to shareholders in the amount of $0.29 per share of Jacobs common stock. This dividend will be paid on June 21, 2024, to shareholders of record as of the close of business on May 24, 2024. About Jacobs At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operationa ...
Jacobs Solutions (J) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-05-02 14:21
Wall Street analysts expect Jacobs Solutions (J) to post quarterly earnings of $1.84 per share in its upcoming report, which indicates a year-over-year increase of 1.7%. Revenues are expected to be $4.25 billion, up 4.2% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings release, it is of utmost importa ...