Jacobs (J) Tops Q1 EPS by 14c, Offers Guidance

Jacobs (NYSE: J) reported Q1 EPS of $1.41, $0.14 better than the analyst estimate of $1.27. Revenue for the quarter came in at $3.4 million versus the consensus estimate of $3.39 million.

GUIDANCE:

Jacobs sees FY2021 EPS of $5.30-$6.00, versus the consensus of $5.79.

• The company now expects fiscal 2021 adjusted EBITDA of $1,075 million to $1,155 million and adjusted EPS of $5.30 to $6.00 from its previous outlook of adjusted EBITDA of $1,055 million to $1,155 million and adjusted EPS of $5.20 to $6.00.2
• Fiscal 2021 outlook does not include PA Consulting, which the company expects to close by the end of its fiscal second quarter 2021.

For earnings history and earnings-related data on Jacobs (J) click here.

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