Jacobs (J) Q2 Earnings Beat, View Narrowed, Shares Fall
JJacobs Solutions (J) Zacks Investment Research·2024-05-08 01:56

Jacobs Solutions Inc. (J) reported second-quarter fiscal 2024 (ended Mar 29, 2024) results, with earnings and revenues surpassing their respective Zacks Consensus Estimate. The quarterly performance was backed by robust growth in its People and Places Solutions (P&PS) business with a 7% year-over-year increase in gross profit and backlog growth. This reflects the company's broad-based strength in global infrastructure and sustainability investment. The company is striving to create a leaner operating model ...