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Kritika Sarmah

Jacobs Solutions Earnings Preview: What to Expect

Jacobs Solutions

With a market cap of $14.5 billion, Jacobs Solutions Inc. (J) engages in the infrastructure and advanced facilities and consulting businesses in the United States and internationally. Founded in 1947, the Dallas, Texas-based company is expected to report its Q2 earnings on Tuesday, May 6, before the market opens.

Ahead of the event, analysts expect J to report a profit of $1.41 per share, down 26.2% from a profit of $1.91 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in all of the past four quarters, which is notable. In the previous quarter, it reported an EPS of $1.33, which surpassed the consensus estimates by 3.1%, thanks to strong revenue growth from the Water and Life Sciences within Infrastructure & Advanced Facilities.

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