Loading...
•
Apr 02, 2021
Jacobs Q2 2021 Earnings Report
Reported strong Q2 results and raised full-year fiscal 2021 outlook.
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
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.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...