offline
Services | Technical Services | USA
Jacobs (JEC) Q2 Earnings Miss Estimates, Rise Y/Y, View Up
Jacobs Engineering Group Inc. JEC reported second-quarter fiscal 2019 (ended Mar 29, 2019) results, wherein earnings and revenues missed the Zacks Consensus Estimate by 2.5% and 1.4%, respectively.
This construction and technical services company’s earnings from continuing operations of $1.19 per share increased 37% year over year. The upsurge was mainly attributable to strong revenues and margins.
Segmental Performance Drives Revenues
In the quarter under review, Jacobs’ revenues totaled $3,091.6 million, reflecting healthy growth of 37% from the year-ago level. The improvement was driven by healthy segmental businesses.
Backlog at the end of the fiscal second quarter was $20.7 billion, increasing 7.5% year over year.
...
https://finance.yahoo.com/news/jacobs-je...02381.html
![[Bild: JECc1dl1618.png]](https://finviz.com/publish/050719/JECc1dl1618.png)
Jacobs (JEC) Q2 Earnings Miss Estimates, Rise Y/Y, View Up
Jacobs Engineering Group Inc. JEC reported second-quarter fiscal 2019 (ended Mar 29, 2019) results, wherein earnings and revenues missed the Zacks Consensus Estimate by 2.5% and 1.4%, respectively.
This construction and technical services company’s earnings from continuing operations of $1.19 per share increased 37% year over year. The upsurge was mainly attributable to strong revenues and margins.
Segmental Performance Drives Revenues
In the quarter under review, Jacobs’ revenues totaled $3,091.6 million, reflecting healthy growth of 37% from the year-ago level. The improvement was driven by healthy segmental businesses.
Backlog at the end of the fiscal second quarter was $20.7 billion, increasing 7.5% year over year.
...
https://finance.yahoo.com/news/jacobs-je...02381.html
