Jacobs Engineering Q3 Profit Tops View, Lifts Outlook - Quick Facts

(RTTNews) - Jacobs Engineering Group Inc. (JEC) said third-quarter attributable net earnings increased to $91.1 million or $0.73 per share from $64.84 million or $0.49 per share in the previous year.

Adjusted earnings per share were $0.97, while it totaled $0.84 per share last year. On average, 19 analysts polled by Thomson Reuters expected earnings of $0.73 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues fell to $2.907 billion from $3.231 billion in the prior year. Analysts expected revenues of $3.01 billion.

Given the performance through the first three quarters, the firm raised its full year earnings per share guidance to a range of $3.11 to $3.31. Analysts look for earnings of $2.93 per share.