Jacobs Solutions Inc. (J) research, news, and more from GeoInvesting

Company description

Mon, 26 Jan 2009 05:00:00 GMT

Jacobs, with over 55,000 employees and revenues exceeding $12.0 billion, provides technical, professional, and construction services globally.

Comments & Business Outlook

Mon, 27 Jul 2009 04:00:00 GMT

Commenting on the results for the third quarter, Jacobs President and CEO Craig L. Martin stated, "While our public sector markets - led by national government programs - remain good, our growth there was insufficient to offset declines in our private sector markets. Consequently, our results for the quarter were disappointing. The market remains uncertain, with economic conditions, oil prices, and business confidence reflecting that uncertainty. Our business model positions us well in challenging times, so we expect to capitalize on the opportunities these times create."

"As we approach our year-end we are narrowing our previously issued guidance for fiscal 2009."

FULL YEAR 2009 Guidance Ending September ^a

	Full Year 2009 Guidance	Full Year 2008 Reported	Period Change
GAAP EPS	$3.10 to $3.35	$3.38	-8.3% to -1.0%

Source: See Release, July 27, 2009

^a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

Comments & Business Outlook

Sun, 19 Jul 2009 04:00:00 GMT

Commenting on the Jacobs Engineering earnings outlook for the remainder of fiscal 2009, Jacobs Chief Financial Officer John W. Prosser, Jr. stated, 'Because of the near-term complexities and uncertainties in our markets we are reducing our earnings per share guidance for fiscal 2009 to a range of $3.10 to $3.50, down from the previously issued guidance of $3.55 to $3.90.'

Source: PR Newswire (April 27, 2009)

Comments & Business Outlook

Mon, 26 Jan 2009 05:00:00 GMT

Guidance Report:

Commenting on the Company's earnings outlook for the remainder of fiscal 2009, Jacobs ChiefFinancial Officer John W. Prosser, Jr. stated, 'Given the slowdown in a few of our existing programs and the uncertainty in some of our markets, we are modestly reducing the upper end of our earnings per share guidance for fiscal 2009 to $3.90, giving us a new range of $3.55 to $3.90.

The company Reported EPS of $3.38 in fiscal 2008.

Source: PR Newswire (January 26, 2009)