Jacobs Solutions Q4: Net Income Surges, Beats Expectations

Jacobs Solutions, a Dallas-based construction and technical services firm, reported robust financial results for the fiscal fourth quarter, with a net income of $122.3 million and earnings per share of $0.92. This performance surpassed analysts expectations of $0.67 per share. The company also announced strong revenue of $3.15 billion for the quarter. For the full fiscal year, Jacobs Solutions posted a profit of $289.3 million and revenue of $12.03 billion. Looking ahead, the company projects earnings of $6.90 to $7.30 per share for the upcoming year, indicating continued growth and confidence in their business model.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.