Jacobs Q2 2021 Earnings Report
Key Takeaways
Jacobs reported a 3.5% year-over-year increase in revenue to $3.5 billion for the fiscal second quarter ended April 2, 2021. Adjusted EPS from continuing operations was $1.66, up 19% year-over-year. The company also raised its full-year adjusted EBITDA and adjusted EPS outlook.
Revenue of $3.5 billion grew 3.5% year-over-year and net revenue up 6.7% year-over-year
Adjusted EPS from continuing operations of $1.66, up 19% year-over-year, including 9 cents accretion from PA
Backlog increased $2.3 billion to $25.6 billion, up 10% year-over-year
Strong cash flow from operations and free cash flow of $238M and $209M, respectively
Jacobs
Jacobs
Jacobs Revenue by Segment
Forward Guidance
The company now expects fiscal 2021 adjusted EBITDA of $1,200 million to $1,270 million and adjusted EPS of $6.00 to $6.30.
Revenue & Expenses
Visualization of income flow from segment revenue to net income