📣 Jacobs Solutions Inc. (NYSE: J) reported a 4.7% increase

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📣 Jacobs Solutions Inc. (NYSE: J) reported a 4.7% increase in revenues for the second quarter of fiscal 2024! 🚀 Total revenue reached $4.3 billion, and the People and Places Solutions (P&PS) segment saw a notable increase of 7.5%. However, operating profit decreased by 3% compared to the previous year. CEO Bob Pragada said he was pleased with the quarter's solid performance. The company's strategic focus on separating its CMS and Cyber & Intelligence businesses is progressing well. On the other hand, Jacobs slightly missed the expected earnings per share (EPS) of $1.85, with actual EPS of $1.29. However, its adjusted EPS beat estimates at $1.91. Looking ahead, Jacobs lowered its fiscal 2024 adjusted EBITDA forecast to $1,585 million from $1,540 million and increased adjusted EPS from $7.80 to $8.10. What do you think about this news? We are waiting your comments! 👇

📣 Jacobs Solutions Inc. (NYSE: J) reported a 4.7% increase in revenues for the second quarter of fiscal 2024! 🚀 Total revenue reached $4.3 billion, and the People and Places Solutions (P&PS) segment saw a notable increase of 7.5%. However, operating profit decreased by 3% compared to the previous year.
CEO Bob Pragada said he was pleased with the quarter's solid performance. The company's strategic focus on separating its CMS and Cyber ​​& Intelligence businesses is progressing well.
On the other hand, Jacobs slightly missed the expected earnings per share (EPS) of $1.85, with actual EPS of $1.29. However, its adjusted EPS beat estimates at $1.91.
Looking ahead, Jacobs lowered its fiscal 2024 adjusted EBITDA forecast to $1,585 million from $1,540 million and increased adjusted EPS from $7.80 to $8.10.
What do you think about this news? We are waiting your comments! 👇

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