Jacobs Engineering (JEC) Tops Q1 EPS by 7c, Raises FY EPS Guidance
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Jacobs Engineering Group Inc. Reports Earnings for the First Quarter of Fiscal 2019
February 6, 2019 6:40 AM ESTDALLAS, Feb. 6. 2019 /PRNewswire/ --Â Jacobs Engineering Group Inc. (NYSE: JEC) today announced its financial results for the fiscal first quarter ended December 28, 2018.
Highlights:
Q1 2019 revenue (excluding ECR) of $3.1 billion1 grew 73% year-over-year and 12% on a pro forma basis Q1 2019 operating profit margin and adjusted operating profit margin1 (excluding ECR) up over 75 bps Q1 2019 EPS of $0.86, impacted by ECR sale, CH2M related restructuring and other charges Q1 2019 adjusted EPS of $1.14 up 48% year-over-year and above the mid-point of guidance Increasing fiscal 2019 adjusted EPS outlook to $5.10 to $5.50 from $5.00 to... More