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Published on 17 Nov 2022 on Zacks via Yahoo Finance

Jacobs (J) Gears Up for Q4 Earnings: What's in the Offing?


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Jacobs Engineering Group Inc. J is slated to report fourth-quarter fiscal 2022 results on Nov 21, before market open.In the last-reported quarter, the company’s earnings and revenues topped the Zacks Consensus Estimate by 1.6% and 2%, respectively. On a year-over-year basis, its earnings rose 13%, and revenues increased 7%.The leading provider of professional, technical and construction services’ earnings topped the consensus mark in three of the last four quarters, with an average of 1.6%.

Trend in Estimates

For the quarter to be reported, the Zacks Consensus Estimate for earnings per share has dropped to $1.78 from $1.80 in the past 30 days. The estimated figure indicates 12.7% increase from $1.58 per share reported in the year-ago quarter. The consensus mark for revenues is pegged at $3.82 billion, suggesting 6.6% growth from the year-ago quarter’s reported figure of $3.59 billion.

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