Categories Earnings, Technology

Earnings Summary: Jacobs Solutions reports higher Q3 2023 revenues

Jacobs Solutions Inc. (NYSE: J), a leading provider of technical professional services, reported an increase in third-quarter revenues. The company also provided guidance for fiscal 2023.

  • Third-quarter revenue increased 9% year-over-year to $4.2 billion; rises 10% in constant currency
  • Earnings per share from continuing operations decreased 15.1% annually to $1.29 in Q3; adjusted EPS dropped 2.2% to $1.82
  • Cash provided by operations came in at $321 million; the company continues to expect 100% underlying cash conversion in FY23
  • Jacobs repurchased $125 million in shares in the June quarter
  • For fiscal year 2023, the management expects adjusted EBITDA to be in the range of $1.42 billion to $1.47 billion
  • Full-year earnings per share, on an adjusted basis, is expected to be between $7.25 and $7.45

Most Popular

What to look for when CVS Health (CVS) reports Q3 earnings

Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain

eBay (EBAY): A few factors that helped drive growth in Q3 2024

Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top