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Apr 01, 2022
Jacobs Q2 2022 Earnings Report
Jacobs reported strong Q2 2022 earnings with year-over-year revenue growth across all lines of business and backlog up 9%.
Key Takeaways
Jacobs Engineering Group Inc. announced its financial results for the fiscal second quarter ended April 1, 2022. Revenue was up 8.1% year-over-year, backlog increased 8.7% year-over-year, and adjusted EPS from continuing operations was up 4% year-over-year.
Revenue of $3.8 billion up 8.1% year-over-year.
Backlog increased $2.2 billion to $27.8 billion, up 8.7% year-over-year.
EPS from continuing operations of $0.68, primarily reflecting a charge of $0.63 for the final settlement of the Legacy CH2M Matter and associated legal fees incurred during the quarter.
Adjusted EPS from continuing operations of $1.72, up 4% year-over-year.
Revenue by Segment
Forward Guidance
The company now expects fiscal 2022 adjusted EBITDA of $1,385 million to $1,435 and adjusted EPS of $6.95 to $7.35.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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