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-0.000317953790715661 -0.0018370663463576 -0.00445135307002046 -0.00540521444216764 -0.00741892178336756 0.00176640994842083 0.00187239454532618 0.000777220377305261
Stock impact report

Jacobs (J) Q2 Earnings Beat, View Narrowed, Shares Fall [Yahoo! Finance]

Jacobs Solutions Inc. (J) 
Last jacobs solutions inc. earnings: 2/4 06:40 am Check Earnings Report
Company Research Source: Yahoo! Finance
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 that delivers higher growth and higher margin value for stakeholders. This can be achieved by focusing on disciplined execution and project delivery excellence. Furthermore, J is optimistic about the progress made toward the merger of its Critical Mission Solutions (CMS) and Cyber & Intelligence businesses with Amentum as it looks to establish two independent companies. Meanwhile, the company has narrowed its guidance for fiscal 2024 adjusted EBITDA and adjusted earnings per share (EPS). Shares of this construction and technical services company lost 1.1% in the pre-market trading session on May 7, 2024, following its earnings release. Jacobs Show less Read more
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