Jacobs Solutions Lifts FY25 Adj. EPS Guidance Midpoint

(RTTNews) - Jacobs Solutions (J) said it is raising adjusted EPS range for fiscal 2025 to $6.00-6.10, narrowing fiscal 2025 outlook for adjusted net revenue to grow approximately 5.5% over fiscal 2024, narrowing fiscal 2025 outlook for adjusted EBITDA margin to be approximately 13.9% and continues to expect reported free cash flow conversion to exceed 100% of net income.

For the third quarter, the company's bottom line totaled $179.61 million, or $1.55 per share. This compares with $146.93 million, or $1.17 per share, last year. Excluding items, Jacobs Solutions reported adjusted earnings of $194.83 million or $1.62 per share for the period. Revenue rose 5.1% to $3.031 billion from $2.883 billion last year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available