Loading...
•
Oct 01, 2021
Jacobs Q4 2021 Earnings Report
Reported double-digit growth in fiscal year 2021 backlog, operating profit and EPS and closed BlackLynx acquisition.
Key Takeaways
Jacobs Engineering Group Inc. announced its financial results for the fiscal fourth quarter and fiscal year ended October 1, 2021. Q4 2021 revenue was $3.6 billion, up 1.9% year-over-year; pro forma net revenue up 6% year-over-year. Backlog increased $2.8 billion to $26.6 billion, up 12% year-over-year.
Revenue of $3.6 billion grew 1.9% year-over-year; pro forma net revenue up 6% year-over-year
Net earnings was $45 million, down 36%, and EPS from continuing operations was $0.34, down 36%, mainly impacted by $(0.45) of discrete tax items and $(0.42) from sale of Worley shares
Adjusted EPS from continuing operations of $1.58, down 3% year-over-year driven by a lower year ago tax rate impact of $0.17
Backlog increased $2.8 billion to $26.6 billion, up 12% year-over-year
Jacobs
Jacobs
Jacobs Revenue by Segment
Revenue by Segment
PA Consulting Revenue
CapyFin.com Forward Guidance
The company expects fiscal 2022 adjusted EBITDA of $1,370 million to $1,450 million and adjusted EPS of $6.85 to $7.45. The company expects adjusted EPS of approximately $10.00 in fiscal 2025.