Top Wall Street Forecasters Revamp Jacobs Solutions Expectations Ahead Of Q4 Earnings

Core Insights - Jacobs Solutions Inc. is set to release its fourth-quarter earnings results on November 20, with analysts expecting earnings of $1.68 per share, an increase from $1.37 per share in the same period last year [1] - The consensus estimate for Jacobs Solutions' quarterly revenue is $3.14 billion, compared to $2.96 billion in the previous year [1] Company Developments - On November 18, Jacobs announced the appointment of Diane Bryant to its Board of Directors [2] - Following the announcement, shares of Jacobs Solutions fell by 3.8%, closing at $145.05 [2] Analyst Ratings - Citigroup analyst Andrew Kaplowitz maintained a Buy rating and increased the price target from $169 to $185 [4] - Keybanc analyst Sangita Jain maintained an Overweight rating and raised the price target from $157 to $170 [4] - Truist Securities analyst Jamie Cook maintained a Hold rating and raised the price target from $148 to $163 [4] - UBS analyst Steven Fisher maintained a Buy rating and increased the price target from $152 to $166 [4] - RBC Capital analyst Sabahat Khan maintained an Outperform rating and raised the price target from $152 to $154 [4]