Jacobs Solutions Narrowed Its 2024 Outlook, Sees Adjusted EPS Of $7.85 To $8.05 (Prior $7.80-$8.10) Vs. $8.03 Consensus; Expects Adjusted EBITDA Of $1.540B-$1.585B
Portfolio Pulse from Benzinga Newsdesk
Jacobs Solutions has narrowed its fiscal 2024 adjusted EPS outlook to a range of $7.85 to $8.05, slightly adjusting from the prior range of $7.80 to $8.10. The company expects adjusted EBITDA to remain between $1.540 billion and $1.585 billion.
August 06, 2024 | 10:45 am
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Jacobs Solutions has adjusted its fiscal 2024 EPS outlook to $7.85-$8.05, slightly narrowing the previous range. The adjusted EBITDA remains unchanged at $1.540B-$1.585B.
The adjustment in EPS outlook is minor and within the previous range, indicating stable financial expectations. The unchanged EBITDA range further supports a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100