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Jacobs Solutions: Fiscal Q1 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — Jacobs Solutions Inc. (J) on Tuesday reported fiscal first-quarter earnings of $125.5 million.

The Dallas-based company said it had net income of $1.12 per share. Earnings, adjusted for one-time gains and costs, came to $1.53 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The construction and technical services company posted revenue of $3.29 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $3.18 billion.

Jacobs Solutions expects full-year earnings in the range of $6.95 to $7.30 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on J at https://www.zacks.com/ap/J

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