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Jacobs Engineering Group Inc. Q3 adjusted earnings Beat Estimates


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(RTTNews.com) - Jacobs Engineering Group Inc. ( JEC ) reported earnings for its third quarter that rose from the same period last year.

The company's bottom line came in at $150.22 million, or $1.05 per share. This compares with $89.03 million, or $0.74 per share, in last year's third quarter.

Excluding items, Jacobs Engineering Group Inc. reported adjusted earnings of $194.14 million or $1.35 per share for the period.


Analysts had expected the company to earn $1.21	 per share, according to 

figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 65.7% to $4.16 billion from $2.51 billion last year.

Jacobs Engineering Group Inc. earnings at a glance:

-Earnings (Q3): $194.14 Mln. vs. $95.33 Mln. last year. -EPS (Q3): $1.35 vs. $0.79 last year. -Analysts Estimate: $1.21

-Revenue (Q3): $4.16 Bln vs. $2.51 Bln last year.

<b>-Guidance</b>:

Full year EPS guidance: $4.00 - $4.40



Read the original article on RTTNews (http://www.rttnews.com/2923294/jacobs-engineering-group-inc-q3-adjusted-earnings-beat-estimates.aspx)


For comments and feedback: contact editorial@rttnews.com




This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: JEC ,



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