Jacobs (J) Tops Q4 EPS by 31c, Offers FY21 Guidance
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Jacobs Reports Fiscal Fourth Quarter and Fiscal Year 2020 Earnings
November 24, 2020 6:40 AM ESTDALLAS, Nov. 24, 2020 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: J) today announced its financial results for the fiscal fourth quarter and fiscal year ended October 2, 2020.
Q4 2020 Financial Highlights:
Revenue of $3.5 billion1 grew 3.7% year-over-year; net revenue up 2% pro forma EPS from continuing operations of $0.53, includes impact from Focus 2023 initiative Adjusted EPS from continuing operations of $1.63, including $0.24 in discrete tax benefits Backlog increased $1.2 billion to $23.8 billion, up 6% year-over-year and up 3% on a pro forma basis Cash flow from operations of $432 million and free... More