Jacobs Solutions Earnings: Analysts Predict 5.8% Revenue Growth

Jacobs Solutions, a professional services company, is set to release its earnings this Thursday. Last quarter, revenues were up 5.1% to $3.03 billion, slightly missing predictions but impressing with a strong backlog. Analysts forecast a 5.8% year-over-year revenue increase to $3.13 billion this quarter, with adjusted earnings of $1.68 per share. The stock has an average analyst price target of $159.69, slightly higher than its current trading price. Competitors like UL Solutions and Booz Allen Hamilton have seen mixed results, with Jacobs Solutions stock down 7.5% over the last month.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.