Jacobs Solutions Inc

Jacobs Solutions, Inc. is a holding company, which engages in the designing and deployment of technology-centric solutions. It operates through the following business segments: Critical Mission Solutions, People and Places Solutions, and PA Consulting. The Critical Mission Solutions segment offer broad sectors, including U.S. government services, cyber, nuclear, commercial, and international sectors. The People and Places Solutions segment provides end-to-end solutions under the climate change, energy transition, connected mobility, integrated water management, smart cities, and vaccine manufacturing industries. The PA Consulting segment includes the investment in PA Consulting Group. The company was founded in 1947 and is headquartered in Dallas, TX.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Jacobs Solutions Inc posts strong Q1 results amidst growth opportunities

Jacobs Solutions Inc delivered strong financial results in Q1 2023, driven by growth in key sectors and a focus on sustainability and inclusive culture.
While facing challenges such as interest rate headwinds and evolving growth drivers, the company remains optimistic about its outlook for fiscal 2023.
With a solid performance in bookings, strong backlog growth, and a strategic focus on profit improvement, Jacobs is well-positioned for future success.
The company's ability to navigate challenges, capitalize on opportunities, and maintain financial discipline underscores its resilience and growth potential.

Jacobs Solutions Inc reports record Q2 earnings and plans spin-off

Jacobs Solutions Inc reported a strong second quarter performance with revenue and profit growth. The company is set to create 2 independent companies to maximize strategic focus. Strong cash flow characteristics and a focus on margin improvement are key highlights.
Opportunities in climate response, energy transition, and water sectors present growth potential. Confidence in post-spin relationships and tax-efficient processes enhance shareholder value. Challenges include cautious capital deployment and detailed spin process considerations.

Jacobs Solutions Inc reports record Q3 growth and eyes future opportunities

Jacobs Solutions Inc delivered strong financial performance in Q3 2023, with record organic growth and robust financial metrics.
The company showcased strengths in key segments like People & Places, CMS, PA Consulting, and Divergent Solutions.
Challenges include restructuring costs, streamlining processes, and cost optimization efforts to drive margins.
Opportunities lie in water business growth, revenue ramp in Divergent segment, and infrastructure stimulus projects.

Jacobs Solutions Inc reports record Q4 results and strategic merger

Jacobs Solutions Inc reported strong Q4 results and announced plans for a strategic separation and merger, positioning the company for future growth.
Despite potential challenges related to costs and industry competition, Jacobs remains focused on margin expansion, cost optimization, and delivering profitable solutions.
The company's geographic diversity, strong backlog, and focus on advanced facilities and digital enablement offer promising opportunities for revenue growth and margin improvement.
Investors can look forward to continued performance improvements, synergies from the merger, and Jacobs' commitment to enhancing shareholder value through strategic initiatives.

Jacobs Solutions Inc reports strong Q1 results and eyes global expansion opportunities

Jacobs Solutions Inc's Q1 2024 earnings call highlighted strong performance, financial stability, and strategic initiatives for growth and profitability.
While facing challenges in cost reallocation and segment contributions, the company is well-positioned to capitalize on opportunities in emerging markets and innovation.
With a focus on margin improvement, capital return to shareholders, and accelerating EPS growth, Jacobs Solutions Inc remains poised for future success.
Analysts' inquiries into various operational aspects reflect a keen interest in the company's strategies and performance metrics, signaling investor confidence.

Jacobs Solutions Inc reports solid Q2 growth and eyes global opportunities

Jacobs Solutions Inc delivered a strong performance in Q2 2024, showcasing revenue growth, operational excellence, and confidence in meeting financial targets. The company's strengths lie in market wins, strong margins, and growth opportunities in various sectors. Challenges include labor availability and regulatory changes, while opportunities in infrastructure projects, data centers, and global growth drive future prospects.

Jacobs Solutions Inc excels in Q3 2024, anticipates growth opportunities

Jacobs Solutions Inc demonstrated strong performance in Q3 2024, with robust achievements across segments and a positive outlook for future growth and profitability.
While challenges exist, the company's strategic initiatives, including the planned spin-off and focus on operational excellence, position it well for long-term success.
Opportunities such as hosting an Investor Day, pursuing M&A opportunities, and capitalizing on revenue growth prospects present avenues for continued expansion and value creation.

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Jacobs Solutions, Inc. is a holding company, which engages in the designing and deployment of technology-centric solutions. It operates through the following business segments: Critical Mission Solutions, People and Places Solutions, Divergent Solutions, and PA Consulting. The Critical Mission Solutions segment focuses on the provision of solutions for clients to address evolving challenges like digital transformation and modernization, national security and defense, space exploration, digital asset management, the clean energy transition, and nuclear decommissioning and cleanup. The People and Places Solutions segment provides end-to-end solutions under climate change, energy transition, connected mobility, integrated water management, and biopharmaceutical manufacturing. The Divergent Solutions segment refers to the core foundation for developing and delivering cloud, cyber, data, and digital technologies. The PA Consulting segment includes the investment in PA Consulting Group. The company was founded in 1947 and is headquartered in Dallas, TX.

Agreement extends 20 years of delivering high-tech solutions for human space exploration and scientific discovery at KSC DALLAS , Feb. 24, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was awarded the Consolidated Operations, Management, Engineering & Test (COMET) contract at NASA Kennedy Space Center (KSC). The contract is estimated at approximately $3.2 billion over 10 years and extends Jacobs' role managing KSC's launch infrastructure as well as ground processing for NASA programs, including the Exploration Ground Systems program, International Space Station program and other key NASA spaceflight programs dating back to 2013.

Jacobs Awarded $3.2 Billion Contract at Kennedy Space Center

Represents Inaugural Issuance of Public Bonds for Jacobs Group DALLAS , Feb. 16, 2023 /PRNewswire/ -- Jacobs (NYSE:J) today announced that it closed an inaugural offering of $500 million of senior unsecured notes due 2033 under its newly published Sustainability-Linked Bond Framework. The Framework was developed as a crucial element of Jacobs' PlanBeyond 2.0℠ sustainable business strategy launched in the summer of 2021 and is a key milestone in further incorporating sustainability into the company's financing strategy.

Jacobs Completes Issuance of $500 Million in Sustainability-Linked Bonds

Jacobs (J) enters a contract with NEOM for THE LINE project in Saudi Arabia.

Jacobs (J) Secures THE LINE Contract, Increases Backlog

Contract to support country's Vision 2030 to diversify its economy DALLAS , Feb. 15, 2023 /PRNewswire/ -- Jacobs (NYSE:J) and JASARA have been appointed by NEOM Company (NEOM) for THE LINE, its linear and cognitive city under development in the northwest of Saudi Arabia. A centerpiece for NEOM, THE LINE will play a leading role in NEOM's aim of establishing itself as a new destination for global tourism, industry and innovation.

Jacobs Selected for Urban Development Project in Saudi Arabia

Jacobs Solutions Inc. (NYSE:J ) Q1 2023 Results Conference Call February 7, 2023 10:00 AM ET Company Participants Jonathan Doros - Investor Relations Bob Pragada - CEO Kevin Berryman - Chief Financial Officer Claudia Jaramillo - EVP, Strategy and Corporate Development Conference Call Participants Adam Bubes - Goldman Sachs Andy Wittmann - Baird Michael Dudas - Vertical Research Andy Kaplowitz - Citigroup Michael Feniger - Bank of America Robert Conners - Stifel Louie DiPalma - William Blair Gautam Khanna - Cowen Josh Sullivan - The Benchmark Company Alex Dwyer - KeyBanc Capital Markets Operator Good morning. My name is Chris, and I'll be your conference operator today.

Jacobs Solutions Inc. (J) Q1 2023 Earnings Call Transcript

Jacobs Solutions (J) delivered earnings and revenue surprises of 3.73% and 5.04%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Jacobs Solutions (J) Surpasses Q1 Earnings and Revenue Estimates

First Quarter Revenue up Double-Digits Year-Over-Year People and Places Solutions Operating Profit up 20% Year-Over-Year $302 Million First Quarter Cash Flow from Operations; Reiterates 100% Conversion Target1 Reiterates Fiscal 2023 Adjusted EBITDA and Adjusted EPS Outlook Further Demonstrates Commitment to Gender Diversity with a 40% Female Leadership KPI on $3.25B Sustainability-Linked Credit Facility Refinancing DALLAS , Feb. 7, 2023 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal first quarter ended December 30, 2022. Q1 2023 Highlights: Revenue of $3.8 billion up 12.4% y/y; net revenue increased 7.7% y/y and up 12% in constant currency1 Backlog of $28.3 billion, up 1% y/y; gross margin in backlog up over 100 bps y/y1 EPS from continuing operations of $1.07, up 4% y/y Adjusted EPS from continuing operations of $1.67, up 7% y/y Cash provided by operations of $302 million; continue to expect 100% fiscal year underlying cash conversion2 Jacobs' CEO Bob Pragada commented, "Our Boldly Moving Forward strategy harnesses an inclusive and innovative culture fueled by operational discipline to capture the high growth opportunities emerging across Climate Response, Data Solutions and Consulting & Advisory.

Jacobs Reports Fiscal First Quarter 2023 Earnings

Digital & technological solutions and Focus 2023 efforts are likely to get reflected on Jacobs' (J) fiscal Q1 results. However, foreign currency headwinds and higher expenses are likely to have been headwinds.

Factors Setting the Tone for Jacobs Engineering's (J) Q1 Earnings

DALLAS , Jan. 25, 2023 /PRNewswire/ -- The Jacobs' (NYSE:J) Board of Directors has approved a new incremental share repurchase authorization (the "2023 Share Repurchase Program"). The 2023 Share Repurchase Program authorizes the purchase of up to $1 billion of Jacobs' common stock.

Jacobs' Board Approves $1 Billion Share Repurchase Authorization and Increases Quarterly Dividend Rate by 13%

Pragada confirms focus on driving significant profitable growth and delivering on the company's strategy accelerators around climate response, data solutions and consulting and advisory DALLAS , Jan. 24, 2023 /PRNewswire/ -- Following its leadership succession plan previously announced in September, Jacobs (NYSE:J) confirms Bob Pragada has been named Chief Executive Officer effective Jan. 24, 2023. He is expected to join the Company's Board of Directors upon certification of the results of its Annual Meeting today.

Bob Pragada Assumes Role as Chief Executive Officer

DALLAS , Jan. 23, 2023 /PRNewswire/ -- Jacobs (NYSE:J) plans to release its fiscal first quarter 2023 earnings results before market open on Tuesday, Feb. 7, 2022, and will host a conference call at 10:00 a.m. ET, during which management will make a presentation focusing on the company's results and operating trends.

Jacobs to Hold Its Fiscal First Quarter 2023 Earnings Conference Call and Webcast

Jacobs (J) secures a position in Transport for London's new Capital Program Delivery Partner contract.

Jacobs (J) Earns Position on Transport for London's Contract

Strategic planning and development to deliver sustainable, smarter, more accessible public transport solutions DALLAS , Jan. 18, 2023 /PRNewswire/ -- Jacobs (NYSE:J) has secured a position on Transport for London 's (TfL) Capital Program Delivery Partner Contract working with Gardiner and Theobald. TfL will use this contract to procure all project management, construction management and project management office (PMO) services and resources.

Jacobs Wins Role on Transport for London's Capital Program Delivery Partner Contract

Over the five years between 2013 and 2018, earnings at Jacobs Solutions Inc. ( J , Financial) kept declining. From $3.23 at the end of fiscal 2013 (the company's fiscal year ended Sept.

Jacobs Solutions Gets Its Earnings Back on Track

Inflection Point Acquisition Corp

HOUSTON--( BUSINESS WIRE )--Intuitive Machines, LLC (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, today announced it will work alongside Jacobs Solutions Inc. (“Jacobs”) (NYSE: J) to safely and successfully accomplish the goals and contractual requirements within NASA's Johnson Space Center Engineering, Technology, and Science (JETS) II contract.

Intuitive Machines Teams with Jacobs to Support NASA JETS II Contract

More demand for infrastructure solutions, aiding energy-transition efforts and modernization, drives growth for Jacobs Solutions (J). High costs and currency headwinds are risks.

Jacobs (J) Stock Sees 13.8% Gain in 3 Months Amid Challenges

Project in Lithuania could offer important lessons for U.K. power station cleanup DALLAS , Jan. 5, 2023 /PRNewswire/ -- A consortium comprising Westinghouse Electric Spain, Jacobs (NYSE:J) and the Lithuanian Energy Institute was selected to plan dismantling and waste management at the Ignalina Nuclear Power Plant (INPP) in Lithuania. Soviet-designed Ignalina could be the first graphite-moderated reactor plant to be dismantled, making it an important test bed for methodologies that could be used to decommission the U.K.'s Magnox and advanced gas-cooled reactors, which also have graphite cores.

Jacobs to Plan Dismantling of Soviet-era Nuclear Reactors

Listings reinforce company's position as a global sustainability leader DALLAS , Dec. 20, 2022 /PRNewswire/ -- Jacobs (NYSE:J) has earned a place in the prestigious Dow Jones Sustainability World Index 2022 (DJSI) and a position in CDP's A List for the first time. Jacobs has also received a gold medal in the EcoVadis Sustainability Ratings, and was recognized as a leading organization in the Wall Street Journal's 250 Best-Managed Companies of 2022.

Jacobs Recognized in The Dow Jones Sustainability World Index and CDP A List

Long-term planning to improve England's strategic highway network Strategic advisory and digital capabilities to help unlock investment benefits DALLAS , Dec. 15, 2022 /PRNewswire/ -- Jacobs (NYSE:J), Atkins, a member of the SNC-Lavalin Group, and PwC have been appointed by National Highways to help develop the U.K. government's third road investment strategy (RIS3) for England's highway network which runs from 2025-2030. The Atkins Jacobs Joint Venture, supported by PwC, will develop business and delivery plans, setting out the case for multi-year investment across England's strategic road network of motorways and major A-roads.

Jacobs, Atkins and PwC to Advise National Highways on Third Road Investment Strategy

Jacobs (J) to support the construction and renovation of new and current installations at USAF's Yokota Air Base, Misawa Air Base and Camp Zama, Japan.

Jacobs (J) Wins an IDIQ Contract to Support USAF in Japan

The company's revenue should continue to benefit from the healthy backlog levels and strong order pipeline. The margins should improve due to the higher margin project wins and improvement in the revenue mix.

Jacobs Solutions Is A Good Buy At The Current Levels

New state-of-the-art facility will support US Navy's principal research, development, test and evaluation activities DALLAS , Dec. 14, 2022 /PRNewswire/ -- Jacobs (NYSE:J) was awarded the Underwater Launch Test Capability (ULTC) services contract with Naval Surface Warfare Center, Crane Division (NSWC Crane), located in Crane, Indiana. Through the $99.8 million contract, Jacobs will provide integration and activation of special test equipment, verification and commissioning services of this test facility, and support launch test operations and sustainment in collaboration with NSWC Crane.

Jacobs Wins Naval Surface Warfare Center Underwater Launch Test Capability Project

Project to lead facility planning and technical services DALLAS , Dec. 13, 2022 /PRNewswire/ -- Jacobs (NYSE:J) was selected to provide professional facility planning, programming, design and construction management services for the United States Air Force (USAF) at Yokota Air Base, Misawa Air Base and Camp Zama, Japan. This indefinite delivery indefinite quantity (IDIQ) architecture and engineering (AE) services contract for the USAF 374th Airlift Wing, Yokota Air Base, Japan has a shared potential ceiling across multiple awardees of $99 million.

Jacobs Provides Consulting Services to US Air Bases in Japan

Jacobs' critical solutions and technologies help bring Orion home safely DALLAS , Dec. 11, 2022 /PRNewswire/ -- Jacobs (NYSE:J) congratulates NASA on the successful completion of the 25.5-day Artemis I mission to orbit the moon, following the safe splashdown of the Orion spacecraft in the Pacific Ocean. Powered by the Space Launch System (SLS) rocket, the uncrewed test flight sent Orion on a 1.4-million-mile journey around the moon, traveling further than any space vehicle capable of safely transporting humans.

Jacobs Supports Successful Completion of NASA's Artemis I Moon Mission

Jacobs (J) to fulfill ONR's mission to protect society by securing safe nuclear operations.

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