Jacobs Solutions Narrows FY24 Adj. EPS Outlook Range - Update

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Jacobs Solutions Narrows FY24 Adj. EPS Outlook Range - Update

(RTTNews) - While reporting financial results for the third quarter on Tuesday, professional services provider Jacobs Solutions, Inc. (J) narrowed its adjusted earnings guidance range for the full-year 2024.

For fiscal 2024, the company now projects adjusted earnings in a range of $7.85 to $8.05 per share, compared to the prior outlook range of $7.80 to $8.10 per share.

On average, 16 analysts polled by Thomson Reuters expect the company to report earnings of $8.03 per share for the year. Analysts' estimates typically exclude special items.

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Jacobs, Palantir Technologies Expand Partnership

Jacobs, Palantir Technologies Expand Partnership

Jacobs Solutions, Inc. (J) and Palantir Technologies Inc. (PLTR) announced Wednesday an expansion of their partnership, focused on leveraging Palantir's AI capabilities to commercialize new AI solutions spanning critical infrastructure, advanced facilities, supply chain management and more.
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Jacobs Confirms Appointment Of Bob Pragada As New CEO

Jacobs Confirms Appointment Of Bob Pragada As New CEO

Following its leadership succession plan previously announced in September, Jacobs Solutions Inc. (J) confirmed on Tuesday that Bob Pragada has been appointed as Chief Executive Officer, effective January 24, 2023. He is expected to join the Company's Board of Directors upon certification of the results of its Annual Meeting later in the day.
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Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

Jacobs Engineering Guides Q4 Adj. EPS Below Estimates - Update

While reporting financial results for the third quarter on Monday, professional services provider Jacobs Engineering Group Inc. (JEC) provided its adjusted earnings outlook for the fourth quarter and reiterates its full-year 2022 outlook.
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U.S. Private Sector Job Growth Falls Well Short Of Expectations In April

U.S. Private Sector Job Growth Falls Well Short Of Expectations In April

Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by much less than expected in the month of April. ADP said private sector employment climbed by 62,000 jobs in April after surging by a downwardly revised 147,000 jobs in March.
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Eurozone GDP Growth Gains Strength In Q1

Eurozone GDP Growth Gains Strength In Q1

Euro area economic growth accelerated in the first quarter as exports may have benefited from higher demand from the U.S. ahead of the imposition of higher trade tariffs. The quarterly growth in gross domestic product doubled to 0.4 percent from 0.2 percent seen in the fourth quarter of 2024, preliminary flash estimates from Eurostat showed on Wednesday.
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