NYSE:JProfessional Services
Jacobs Solutions (J) Stock Faces Earnings Gap Despite Record Backlog
Jacobs Solutions stock barely moved after earnings, rising about 1% to roughly US$145, even though the quarter delivered numbers investors usually notice. The company reported adjusted earnings per share of US$1.84, with adjusted net revenue growth above 8% and an adjusted earnings before interest, tax, depreciation and amortisation margin of 15.2%. For a long term infrastructure and advanced facilities story, the key highlight is the record US$29b backlog and a book to bill ratio above 1x,...