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Dec 29, 2023
Jacobs Q1 2024 Earnings Report
Jacobs reported strong Q1 2024 results, with revenue and EPS up year-over-year.
Key Takeaways
Jacobs Solutions Inc. announced its financial results for the fiscal first quarter ended December 29, 2023. Revenue was up 9.5% year-over-year, and adjusted EPS was also up 28% year-over-year. The company reiterated its fiscal 2024 adjusted EBITDA and adjusted EPS outlook.
Revenue of $4.2 billion, up 9.5% year-over-year.
Backlog of $29.6 billion, up 4.7% year-over-year.
EPS of $1.37, up 28% year-over-year.
Adjusted EPS of $2.02, up 28% year-over-year.
Revenue by Segment
Forward Guidance
The Company reiterates its outlook for fiscal 2024 adjusted EBITDA of $1,530M to $1,600M and adjusted EPS of $7.70 to $8.20.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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