Jacobs Solutions Initiates FY23 Adj. EPS Outlook - Update

RTTNews | 763 days ago
Stocktwits
Jacobs Solutions Initiates FY23 Adj. EPS Outlook - Update

(RTTNews) - While reporting financial results for the fourth quarter on Monday, professional services provider Jacobs Solutions, Inc. (J) initiated its adjusted earnings guidance for the full-year 2023.

For fiscal 2023, the company now projects adjusted earnings in a range of $7.60 to $7.90 per share, based on fiscal 2022 average FX rates, and in a range of $7.20 to $7.50 per share, based on FX rates in early November.

The company also said the difference between these two scenarios on a net revenue basis is approximately $430 million.

On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $7.66 per share on revenues of $15.87 billion for the year. Analysts' estimates typically exclude special items.

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

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Jacobs, Palantir Technologies Expand Partnership

Jacobs, Palantir Technologies Expand Partnership

Jacobs Solutions, Inc. (J) and Palantir Technologies Inc. (PLTR) announced Wednesday an expansion of their partnership, focused on leveraging Palantir's AI capabilities to commercialize new AI solutions spanning critical infrastructure, advanced facilities, supply chain management and more.
RTTNews | 572 days ago
Jacobs Confirms Appointment Of Bob Pragada As New CEO

Jacobs Confirms Appointment Of Bob Pragada As New CEO

Following its leadership succession plan previously announced in September, Jacobs Solutions Inc. (J) confirmed on Tuesday that Bob Pragada has been appointed as Chief Executive Officer, effective January 24, 2023. He is expected to join the Company's Board of Directors upon certification of the results of its Annual Meeting later in the day.
RTTNews | 699 days ago
Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

While reporting financial results for the third quarter on Monday, professional services provider Jacobs Engineering Group Inc. (JEC) provided its adjusted earnings outlook for the fourth quarter and reiterates its full-year 2022 outlook.
RTTNews | 875 days ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders seemed reluctant to make more significant moves amid what is likely to be a quiet week due to the Christmas Day holidays. Optimism about more interest rate cuts by the U.S. Fed next year is aiding market sentiment. Asian markets closed mostly higher on Monday.
RTTNews | 5h 11min ago
Australian Market Extends Gains In Mid-market

Australian Market Extends Gains In Mid-market

The Australian stock market is extending its gains in mid-market trading on Tuesday, continuing to add to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying a tad above the 8,200 level, with stocks across sectors trading mixed amid a lack of direction ahead of the Christmas holidays.
RTTNews | 5h 51min ago
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