Jacobs Reports Fiscal Fourth Quarter Earnings
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Jacobs Engineering (JEC) Tops Q4 EPS by 18c, Revenues Beat
November 25, 2019 6:02 AM ESTJacobs Engineering (NYSE: JEC) reported Q4 EPS of $1.48, $0.18 better than the analyst estimate of $1.30. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.2 billion.
Q4 Financial Highlights:
Q4 2019 revenue of $3.4 billion1 grew 13% year-over-year; up 15% on a net revenue basisQ4 2019 EPS1 of $0.16 and adjusted EPS of $1.48, up 29% on an adjusted basis year-over-yearExecuted accelerated share repurchase of $250 million during Q4 to be completed in December 2019Paid $390 million in cash taxes reflected... More