Jacobs Solutions outperformed analyst expectations with a 25% year-over-year surge in adjusted earnings per share to $1.62, surpassing the $1.53 forecast. Despite a slight revenue miss ($3.03B vs. $3.07B projected), the company expanded margins significantly, with adjusted EBITDA rising 13% to $314 million. Shares jumped 4% pre-market to $141.09, buoyed by a record $22.7 billion backlog—a 14% annual increase—driven by demand in data centers, life sciences, and water management. A strategic partnership with NVIDIA to develop AI factory digital twins further bolstered investor confidence.
Aggressive Capital Returns and Upgraded Guidance
The engineering firm announced a $653 million stock buyback program and a 10% dividend hike, reflecting strong cash flow. Management raised its 2025 adjusted EPS forecast to $6.00–$6.10 and signaled above-trend revenue growth for 2026. Its consulting arm saw 15% revenue growth, supported by UK public sector projects. With net debt at the low end of its target range (1.0–1.5x), Jacobs maintains robust financial flexibility amid accelerating demand.
Ad
Jacobs Solutions Stock: Buy or Sell?! New Jacobs Solutions Analysis from November 8 delivers the answer:
The latest Jacobs Solutions figures speak for themselves: Urgent action needed for Jacobs Solutions investors. Is it worth buying or should you sell? Find out what to do now in the current free analysis from November 8.
Jacobs Solutions: Buy or sell? Read more here...
