Jacobs Solutions, Inc.’s (J) consortium with Mott MacDonald is selected by the West Yorkshire Combined Authority (The CA) as the Design Development Partner for the next phase of the West Yorkshire Mass Transit Programme.The West Yorkshire Mass Transit Programme, one of the largest urban transit schemes in the U.K., aims to connect communities across the region with an advanced, high-capacity public transport system integrated with cycling, walking and rail.Per the deal, the Jacobs - Mott MacDonald consortiu ...

Core Viewpoint - Jacobs Solutions, Inc. is expected to report its fourth-quarter fiscal 2024 results on November 19, with a consensus estimate for earnings per share (EPS) showing a 9.5% increase year-over-year [1][3]. Financial Performance - In the last reported quarter, Jacobs' earnings exceeded the Zacks Consensus Estimate by 0.5%, while revenues fell short by 3.5%. Year-over-year, adjusted earnings grew by 11.4% and revenues increased by 1.1% [2]. - The Zacks Consensus Estimate for EPS has risen to $2.08 from $2.07 over the past 60 days, compared to $1.90 in the same quarter last year [3]. Revenue Growth Factors - Revenue growth in Q4 is anticipated due to investments from the U.S. Infrastructure Act and other economic incentives, alongside Jacobs' strategic shift towards becoming a technology solutions provider [4]. - The company is expected to benefit from a backlog with higher margins, efficiency improvements through digital advancements, and strong project execution [5]. Segment Performance - The People & Places Solutions (P&PS) segment, which accounted for 58.4% of total revenues in fiscal 2023, is projected to show continued organic growth, driven by a strong backlog in water infrastructure and environmental projects [8]. - The consensus estimate for P&PS revenues is $2.68 billion, up from $2.51 billion year-over-year, with operating profit expected to rise to $286 million from $256 million [9]. - The Critical Mission Solutions (CMS) segment, which represented 28.7% of total revenues in fiscal 2023, is expected to see revenues of $1.243 billion, a slight increase from $1.236 billion a year ago, with operating profit anticipated to grow to $109 million from $103 million [10][12]. Strategic Developments - Jacobs announced plans to separate the CMS business to enhance focus on higher-growth areas, culminating in a merger with Amentum, which was completed on September 27, 2024 [11]. - The PA Consulting segment, accounting for 7.1% of total revenues, is expected to report revenues of $303 million, up from $288 million year-over-year, with operating profit projected to increase to $64 million from $59 million [14]. Cost Management - Jacobs anticipates increased overhead costs related to the separation of CMS, which may temporarily affect segment operating margins but is not expected to impact the overall bottom line [15].

Jacobs Solutions, Inc. (J) is all set to act as a progressive design-build contractor for the Donald C. Tillman Advanced Water Equalization Basins project in the City of Los Angeles, CA.J will support LA Sanitation and Environment and the Los Angeles Department of Water and Power on the Groundwater Replenishment Project to increase recycled water production by 2035. Per the contract, Jacobs will undertake design, permitting, construction, start-up and commissioning-related responsibilities together with its ...

West Yorkshire Mass Transit Programme will connect communities and advance growthDALLAS, Nov. 13, 2024 /PRNewswire/ -- A Jacobs (NYSE: J) and Mott MacDonald consortium has been appointed as the Design Development Partner by the West Yorkshire Combined Authority (The CA) in the next phase of the West Yorkshire Mass Transit Programme – an advanced, high-capacity public transport system to be integrated with cycling, walking and rail, to connect communities across the region.With a population of 2.3 million an ...

New equalization basins will regulate flows to advanced water purification facilityEnhances capability to reduce imported water use in drought-stressed region of Los AngelesDALLAS, Nov. 12, 2024 /PRNewswire/ -- Jacobs (NYSE: J) has been selected by LA Sanitation and Environment (LASAN) as the progressive design-build contractor for the Donald C. Tillman Advanced Water Equalization Basins, another critical part of the City of Los Angeles' long-term plans to increase recycled water production by 2035.The Dona ...

DALLAS, Oct. 29, 2024 /PRNewswire/ -- Jacobs (NYSE:J) plans to release its fiscal fourth quarter and full year 2024 earnings results before market open on Tuesday, Nov. 19, 2024, and will host a conference call at 10:00 a.m. ET, during which management will make a presentation focusing on the company's results and operating trends. Interested parties can listen to the conference call via a webcast and view accompanying slides at jacobs.com. About Jacobs At Jacobs, we're challenging today to reinvent tomorro ...

Providing feasibility, design and climate change services under long-term frameworkDALLAS, Oct. 29, 2024 /PRNewswire/ -- Jacobs (NYSE: J) was appointed by Northern Ireland Water to a new professional services framework supporting water and wastewater capital improvements across the region. Northern Ireland Water provides water and sewerage services to approximately 840,000 households and businesses in Northern Ireland.The framework will support Northern Ireland Water with the remainder of its Business Plan ...

San Juan Lateral Water Treatment Plant secures sustainable, clean water for Navajo communitiesDALLAS, Oct. 22, 2024 /PRNewswire/ -- Jacobs (NYSE: J) was selected by the U.S. Bureau of Reclamation to design and build the San Juan Lateral Water Treatment Plant in northwest New Mexico. At a cost of $267 million, the plant is the largest and most important component of the Navajo-Gallup Water Supply Project. Prior to the project's initiation, more than 40 percent of the Navajo Nation households relied on haulin ...

Jacobs Solutions Inc. (J) has been selected by Aerostar Airport Holdings, LLC to provide architecture and engineering consulting services for the capital improvement program at Luis Muñoz Marín International Airport (SJU) in San Juan, Puerto Rico. As the busiest airport in Puerto Rico, handling more than 90% of the island's passengers, this contract positions Jacobs at the forefront of crucial infrastructure development. Supporting a Growing Transportation Hub With passenger traffic at SJU having grown by m ...

The joint venture (JV) between Jacobs Solutions Inc. (J) and Seymour Whyte has won a contract from Sydney Water, the statutory corporation owned by the government of New South Wales. Per the contract, the JV will offer Engineering, Procurement and Construction Management (EPCM) services for the Upper South Creek Networks (USCN) program in Western Sydney. J stock gained 2.1% during the trading hours on Wednesday after the contract win announcement. Details on Jacobs' New Award Win The USCN program is conside ...