Interconnector project will accelerate Australia's renewable energy economySupports reliable transmission of electricity and telecommunications between Tasmania and VictoriaDALLAS, May 14, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected as the Integrated Delivery Partner for Marinus Link, an approximately 214 mile (345-kilometer) undersea and underground high-voltage direct current (HVDC) electricity and data interconnector designed to bolster energy security, promote renewable energy investment and deli ...

Jacobs Solutions (J -5.69%) reported mixed results for the quarter, with adjusted earnings beating expectations but revenue falling short of what Wall Street had predicted.Investors were not enthused, sending Jacobs shares down 6% as of 1:30 p.m. ET. A "clean-up" quarterJacobs provides engineering and construction services on big-ticket commercial projects. The company earned $1.43 per share in its fiscal second quarter ending March 28, topping expectations by $0.05 per share, but revenue of $2.91 billion w ...

Core Viewpoint - Jacobs Solutions Inc. reported mixed results for the second quarter of fiscal 2025, with adjusted earnings exceeding estimates while revenues fell short, although both metrics showed year-over-year growth [1][3]. Financial Performance - Adjusted earnings per share (EPS) were $1.43, surpassing the Zacks Consensus Estimate of $1.41 by 1.4%, and up from $1.17 in the same quarter last year [3]. - Revenues totaled $2.91 billion, missing the consensus estimate of $3.02 billion by 3.6%, but reflecting a year-over-year increase of 2.2% [3]. - Adjusted net revenues were $2.14 billion, up 3.1% year over year [3]. - Adjusted operating profit increased by 2.4% to $270.6 million, with an operating margin remaining flat at 12.7% [3]. - Adjusted EBITDA rose 8.1% year over year to $286.6 million, with a margin of 13.4%, up 60 basis points from the previous year [3]. Backlog and Demand - The fiscal second-quarter backlog increased by 20% year over year to $22.16 billion, indicating strong project wins and robust demand [4]. - The book-to-bill ratio was 1.3x over the trailing 12 months, suggesting future revenue stability [4]. Segment Performance - Infrastructure & Advanced Facilities segment revenues were $2.6 billion, a 2% increase from $2.55 billion year over year, with adjusted net revenues of $1.83 billion, up 2.8% [5]. - The Critical Infrastructure business saw gross revenues rise 2.2% year over year to $1.11 billion, while Life Sciences and Advanced Manufacturing grew by 5.8% to $728 million [7]. - The PA Consulting segment generated $307.7 million in revenues, up from $294 million year over year, with an adjusted operating margin improving to 21.9% [8]. Balance Sheet and Cash Flow - At the end of the fiscal second quarter, cash and cash equivalents were $1.2 billion, an increase from $1.14 billion at the end of fiscal 2024 [9]. - Long-term debt rose to $2.63 billion from $1.35 billion at the end of fiscal 2024 [9]. - Net cash provided by operating activities was $11.03 million in the first half of fiscal 2025, down from $375.5 million in the same period last year [10]. Guidance - Jacobs retained its guidance for adjusted net revenues to grow mid-to-high single digits year over year and adjusted EBITDA margins to be in the range of 13.8-14% [11]. - Adjusted EPS expectations remain between $5.85 and $6.20, with an expectation of over 100% free cash flow conversion from net income [12].

For the quarter ended March 2025, Jacobs Solutions (J) reported revenue of $2.91 billion, down 31.8% over the same period last year. EPS came in at $1.43, compared to $1.91 in the year-ago quarter.The reported revenue represents a surprise of -3.57% over the Zacks Consensus Estimate of $3.02 billion. With the consensus EPS estimate being $1.41, the EPS surprise was +1.42%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Jacobs Solutions (J) Q2 2025 Earnings Call May 06, 2025 10:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the Jacobs Fiscal Second Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. And I would now like to turn the confere ...

Jacobs Solutions (J) Q2 2025 Earnings Call May 06, 2025 10:00 AM ET Company Participants Bert Subin - Senior Vice President, Investor RelationsBob Pragada - Chair & CEOVenk Nathamuni - Executive Vice President & Chief Financial OfficerAndrew Kaplowitz - Managing DirectorSabahat Khan - Managing DirectorJamie Cook - Managing Director - Equity ResearchJerry Revich - Senior Investment Leader & Head of US Machinery, Infrastructure, Sustainable Tech franchise Conference Call Participants Andrew Wittmann - Senior ...

Core Insights - Jacobs Solutions reported quarterly earnings of $1.43 per share, exceeding the Zacks Consensus Estimate of $1.41 per share, but down from $1.91 per share a year ago, indicating an earnings surprise of 1.42% [1] - The company posted revenues of $2.91 billion for the quarter, missing the Zacks Consensus Estimate by 3.57%, and down from $4.27 billion year-over-year [2] - Jacobs Solutions has surpassed consensus EPS estimates in all four of the last quarters, but has only topped revenue estimates once in the same period [2] Earnings Outlook - The sustainability of Jacobs Solutions' stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $1.62 on revenues of $3.1 billion, and for the current fiscal year, it is $6.03 on revenues of $12.24 billion [7] Industry Context - The Technology Services industry, to which Jacobs Solutions belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Jacobs Fiscal 2025 Second Quarter Results May 6, 2025 DISCLAIMER Forward-Looking Statement Disclaimer Certain statements contained in this presentation constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 28, 2025 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 1-7463 JACOBS SOLUTIONS INC. (Exact name of registrant as specified in its charter) | Delaware 88-1121891 | | | | | --- | --- | --- | - ...

Backlog Grows by 20% Year-Over-Year with TTM Book-to-Bill Ratio of 1.3xRepurchased $351 Million of Jacobs Shares During Q2 and $552 Million in First Half of FY25Exited Company's Retained Stake in AMTM and Announced May 30th Distribution of Remaining SharesReaffirming FY 2025 GuidanceDALLAS, May 6, 2025 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal second quarter ended March 28, 2025.Q2 2025 Highlights1: Gross revenue of $2.9 billion grew 2.2% y/y; adjus ...