Jacobs Solutions: Fiscal Q2 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — Jacobs Solutions Inc. (J) on Tuesday reported fiscal second-quarter profit of $162.1 million.

On a per-share basis, the Dallas-based company said it had profit of $1.28. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $1.91 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.84 per share.

The construction and technical services company posted revenue of $4.27 billion in the period.

Jacobs Solutions expects full-year earnings in the range of $7.80 to $8.10 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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