DALLAS (AP) — DALLAS (AP) — Jacobs Solutions Inc. (J) on Tuesday reported fiscal second-quarter net income of $216.5 million.
On a per-share basis, the Dallas-based company said it had profit of $1.70. Earnings, adjusted for one-time gains and costs, were $1.81 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.
The construction and technical services company posted revenue of $4.08 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $3.99 billion.
Jacobs Solutions expects full-year earnings in the range of $7.25 to $7.45 per share.
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, source Associated Press News