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Jacobs Engineering Posts Higher Fiscal Q2 Adjusted Earnings, Revenue; Raises Fiscal 2021 Adjusted EPS Outlook

05/10/2021 03:24

07:10 AM EDT, 05/10/2021 (MT Newswires) -- Jacobs Engineering Group (J) reported Monday fiscal Q2 adjusted earnings of $1.75 per share, up from $1.62 per share a year earlier.

Analysts polled by Capital IQ projected adjusted EPS of $1.39.

Revenue was $3.55 billion, up from $3.43 billion a year ago. The Street forecast was $3.48 billion.

The company also raised its fiscal 2021 adjusted EPS outlook to a range of $6 to $6.30 from previous guidance of $5.30 to $6. The Street forecast is $5.90.

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