Jacobs Solutions Inc
J: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$231.00 | Ryn | Sxdqvzpmh |
Jacobs Earnings: Solid Revenue Growth and Margin Improvement in People and Places Solutions
Jacobs’ fiscal second-quarter adjusted EPS of $1.91 beat the FactSet consensus estimate by $0.06, but revenue of $4,269 million fell 1.3% short of expectations. While nothing in the earnings release materially changes our long-term outlook for Jacobs, we’ve modestly raised our fair value estimate to $159 from $157, mostly due to time value of money.