Why Jacobs Solutions Stock Is Falling Today
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 0.05 per share, but revenue of $2.91 billion w ...