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Mar 31, 2023
Jacobs Q2 2023 Earnings Report
Reported a robust second quarter with operating profit up 74% year-over-year and announced plans for spin-off of Critical Mission Solutions business.
Key Takeaways
Jacobs reported a strong second quarter with revenue up 6.4% year-over-year and EPS up 149% year-over-year. The company also announced plans to spin off its Critical Mission Solutions business.
Revenue of $4.1 billion, up 6.4% year-over-year.
Backlog of $29.0 billion, up 4% year-over-year.
EPS of $1.70, up 149% year-over-year.
Adjusted EPS from continuing operations of $1.81, up 5% year-over-year.
Jacobs
Jacobs
Jacobs Revenue by Segment
Forward Guidance
The company has narrowed its outlook for fiscal year 2023 adjusted EBITDA to a range of $1,420 million to $1,470 million and adjusted EPS of $7.25 to $7.45.