Jacobs (J) Beats on Q3 Earnings Estimates, Narrows EPS View
Jacobs Solutions (J) ZACKS·2024-08-07 02:10
Jacobs Solutions Inc. (J) reported mixed results for third-quarter fiscal 2024 (ended Jun 28, 2024). Earnings surpassed the Zacks Consensus Estimate, but revenues lagged the same. Nonetheless, both earnings and revenues increased on a year-over-year basis. The quarterly performance is mainly driven by portfolio optimization, focusing on high-growth sectors that emphasize sustainability and infrastructure resilience. This reflects the company's broad-based strength in global infrastructure and sustainability ...