Jacobs Solutions Q3 2024 Adj. EPS $1.96, Inline, Sales $4.231B Beat $3.994B Estimate
Portfolio Pulse from Benzinga Newsdesk
Jacobs Solutions (NYSE:J) reported Q3 2024 earnings per share (EPS) of $1.96, which met analyst expectations. The company also reported quarterly sales of $4.231 billion, surpassing the analyst consensus estimate of $3.994 billion by 5.93%. This represents an 11.36% increase in EPS and a 1.05% increase in sales compared to the same period last year.
August 06, 2024 | 10:42 am
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Jacobs Solutions reported Q3 2024 EPS of $1.96, meeting analyst expectations, and sales of $4.231 billion, beating estimates by 5.93%. EPS increased by 11.36% YoY, and sales increased by 1.05% YoY.
The company's earnings per share met expectations, which is neutral news, but the sales beat by 5.93% is positive. The YoY increase in EPS and sales further supports a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100