Jacobs Solutions Initiates FY23 Adj. EPS Outlook - Update

RTTNews | 914 days ago
Stocktwits
Jacobs Solutions Initiates FY23 Adj. EPS Outlook - Update

(RTTNews) - While reporting financial results for the fourth quarter on Monday, professional services provider Jacobs Solutions, Inc. (J) initiated its adjusted earnings guidance for the full-year 2023.

For fiscal 2023, the company now projects adjusted earnings in a range of $7.60 to $7.90 per share, based on fiscal 2022 average FX rates, and in a range of $7.20 to $7.50 per share, based on FX rates in early November.

The company also said the difference between these two scenarios on a net revenue basis is approximately $430 million.

On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $7.66 per share on revenues of $15.87 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

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Jacobs, Palantir Technologies Expand Partnership

Jacobs, Palantir Technologies Expand Partnership

Jacobs Solutions, Inc. (J) and Palantir Technologies Inc. (PLTR) announced Wednesday an expansion of their partnership, focused on leveraging Palantir's AI capabilities to commercialize new AI solutions spanning critical infrastructure, advanced facilities, supply chain management and more.
RTTNews | 723 days ago
Jacobs Confirms Appointment Of Bob Pragada As New CEO

Jacobs Confirms Appointment Of Bob Pragada As New CEO

Following its leadership succession plan previously announced in September, Jacobs Solutions Inc. (J) confirmed on Tuesday that Bob Pragada has been appointed as Chief Executive Officer, effective January 24, 2023. He is expected to join the Company's Board of Directors upon certification of the results of its Annual Meeting later in the day.
RTTNews | 850 days ago
Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

While reporting financial results for the third quarter on Monday, professional services provider Jacobs Engineering Group Inc. (JEC) provided its adjusted earnings outlook for the fourth quarter and reiterates its full-year 2022 outlook.
RTTNews | 1026 days ago
Bay Street Likely To Open On Negative Note On Tariff Concerns

Bay Street Likely To Open On Negative Note On Tariff Concerns

Canadian shares look headed for a weak start Friday morning as tariff concerns resurfaced after U.S. President Donald Trump threatened 50% tariffs on EU goods from June 1. Weak oil prices could hurt energy stocks and add to market's downside.
RTTNews | 4 minutes ago
FTSE Pares Early Gains, Up Marginally In Cautious Trade

FTSE Pares Early Gains, Up Marginally In Cautious Trade

U.K. stocks moved higher Friday morning, reacting to data showing a notable rise in retail sales, and survey showing strong consumer confidence. However, stocks pared gains subsequently in cautious trade and the market was up just marginally a little past noon.
RTTNews | 1h 6min ago
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