Loading...
•
Oct 02, 2020
Jacobs Q4 2020 Earnings Report
Jacobs reported Q4 2020 earnings with revenue growth and strategic initiatives.
Key Takeaways
Jacobs reported a 3.7% year-over-year revenue increase to $3.5 billion in Q4 2020. The company's adjusted EPS from continuing operations was $1.63, including $0.24 in discrete tax benefits. Backlog increased to $23.8 billion, and cash flow from operations reached $432 million.
Revenue grew by 3.7% year-over-year, reaching $3.5 billion.
Adjusted EPS from continuing operations was $1.63, including discrete tax benefits.
Backlog increased by $1.2 billion to $23.8 billion.
Cash flow from operations was $432 million, with free cash flow at $403 million.
Forward Guidance
The company expects fiscal 2021 adjusted EBITDA of $1,055 million to $1,155 million and adjusted EPS of $5.20 to $6.00. We have launched our Focus 2023 initiative with expected benefits of over $200 million versus fiscal 2020. Looking beyond fiscal 2021 the company expects developing business momentum leading to double-digit growth in adjusted EBITDA.
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...