Workflow
Engineering and Construction
icon
Search documents
Why Jacobs Solutions Stock Is Falling Today
The Motley Fool· 2025-05-06 18:50
Core Insights - Jacobs Solutions reported mixed quarterly results, with adjusted earnings exceeding expectations but revenue falling short of Wall Street predictions [1][3] - The company's shares declined by 6% following the earnings report [1] Financial Performance - Jacobs earned $1.43 per share in its fiscal second quarter, surpassing expectations by $0.05 [3] - Revenue for the quarter was $2.91 billion, approximately $90 million below consensus estimates [3] Business Segments and Demand - The company is experiencing strong demand in life sciences, transportation, and energy programs [4] - Earnings were negatively impacted by a mark-to-market loss on the investment in Amentum, which acquired Jacobs' government business in 2024 [4] - Jacobs plans to exit its retained stake in Amentum on May 30, distributing remaining shares to current investors [4] Capital Management - Jacobs repurchased $351 million worth of shares during the quarter [5] - The company retired over $300 million in debt and refinanced another $700 million at a lower interest rate [5] Future Outlook - Jacobs' backlog of future business reached $22.2 billion at the end of the quarter, reflecting a 20% year-over-year increase [6] - The company billed approximately $1.10 for every $1 it invoiced to customers, indicating positive future growth prospects [6] - With a 10% decline in stock price year-to-date, this may present a favorable opportunity for investors [7]
Primoris(PRIM) - 2025 Q1 - Earnings Call Transcript
2025-05-06 15:02
Primoris Services (PRIM) Q1 2025 Earnings Call May 06, 2025 10:00 AM ET Company Participants Blake Holcomb - VP - Investor RelationsDavid L. King - Chairman, Interim CEO & PresidentKen Dodgen - Executive VP & CFOPeter Lukas - DirectorDrew Chamberlain - Equity Research AssociateJustin Mechetti - Equity Research AssociateAvi Jaroslawicz - Equity Research Associate Conference Call Participants Brian Russo - AnalystBrent Thielman - MD & Senior Research AnalystKevin Gainey - Senior Research AnalystAdam Bubes - A ...
Primoris(PRIM) - 2025 Q1 - Earnings Call Transcript
2025-05-06 14:00
Primoris Services (PRIM) Q1 2025 Earnings Call May 06, 2025 10:00 AM ET Speaker0 Thank you for standing by. My name is Kate, and I will be your conference operator today. At this time, I would like to welcome everyone to the Primoris Services Corporation First Quarter twenty twenty five Earnings Conference Call and Webcast. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. I would now like to turn the call ...
Jacobs Solutions (J) - 2025 Q2 - Earnings Call Presentation
2025-05-06 11:28
Jacobs Fiscal 2025 Second Quarter Results May 6, 2025 DISCLAIMER Forward-Looking Statement Disclaimer Certain statements contained in this presentation constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will ...
Jacobs Reports Strong Fiscal Second Quarter 2025 Results
Prnewswire· 2025-05-06 10:45
Backlog Grows by 20% Year-Over-Year with TTM Book-to-Bill Ratio of 1.3xRepurchased $351 Million of Jacobs Shares During Q2 and $552 Million in First Half of FY25Exited Company's Retained Stake in AMTM and Announced May 30th Distribution of Remaining SharesReaffirming FY 2025 GuidanceDALLAS, May 6, 2025 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal second quarter ended March 28, 2025.Q2 2025 Highlights1: Gross revenue of $2.9 billion grew 2.2% y/y; adjus ...
Best Growth Stocks to Buy for May 5th
ZACKS· 2025-05-05 12:36
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 5th:Limbach Holdings, Inc. (LMB) : This company which engineers, constructs and services the mechanical, plumbing, air conditioning, heating, building automation, electrical and control systems, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.Limbach has a PEG ratio of 2.49 compared with 3.40 for t ...
Fluor(FLR) - 2025 Q1 - Earnings Call Transcript
2025-05-02 13:32
Fluor (FLR) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Company Participants Jason Landkamer - VP - IRJim Breuer - CEOJohn Regan - CFOJamie Cook - Managing Director - Equity ResearchAndrew Kaplowitz - Managing DirectorJudah Aronovitz - Associate Director - Equity Research Conference Call Participants Michael Dudas - Equity Research AnalystAndrew Wittmann - Senior Research Analyst Operator replay of today's conference call will be available at approximately 10:30 a. M. Eastern Time today, accessible at Fl ...
Fluor(FLR) - 2025 Q1 - Earnings Call Transcript
2025-05-02 12:30
Fluor (FLR) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Speaker0 replay of today's conference call will be available at approximately 10:30 a. M. Eastern Time today, accessible at Fluor's website at investor.fluor.com. The web replay will be available for thirty days. A telephone replay will also be available for seven days through a registration link, also accessible on website at investor.fluor.com. At this time, for opening remarks, I would like to turn the call over to Jason Landkammer, Vice Presiden ...
Subsea 7 S.A. Announces First Quarter 2025 Results
Globenewswire· 2025-04-30 06:00
Luxembourg – 30 April 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355, the Company) announced today results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2025. Highlights First quarter Adjusted EBITDA of $236 million, up 46% on the prior year, equating to a margin of 15%Strong operational and financial performance from both Subsea and Conventional and Renewables, with Adjusted EBITDA margins of 18% and 10% respectivelyGuidance for full year 2025 reaf ...
Technip Energies awarded a significant engineering contract for the North Field Production Sustainability Offshore Compression Project in Qatar
Globenewswire· 2025-04-28 16:00
Technip Energies (PARIS:TE) has been awarded a significant (1) Detailed Engineering Design contract by Larsen & Toubro Limited (L&T) Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) of QatarEnergy LNG, the world’s premier LNG company. Under this contract, Technip Energies, having completed the Front-End Engineering and Design (FEED) phase, will provide Detailed Engineering Design for two offshore compression complex ...