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The Latest Breaking News from Jacobs Engineering

Top 3 Stocks “Right at Home” in Building Boom

On Wall Street a market that is hitting on all cylinders, with no storm clouds on the horizon, is known as a Goldilocks market. Both the home and infrastructure building markets, due to a perfect storm of short supply on the one hand and government spending on the other, have…

StockNews.com · Sep 7, 2023

Credit Suisse, Citi Cut Jacobs Engineering's Price Target Post Q1 Results

Credit Suisse, Citi Cut Jacobs Engineering's Price Target Post Q1 Results

Credit Suisse analyst Jamie Cook lowered the price target on Jacobs Engineering Group Inc (NYSE:J) to $161 (an upside of 25.6%) from $175 and maintained an Outperform rating on the shares. The analyst notes that Jacobs stock closed down 3% after reporting a largely in-line quarter while maintaining the full year 2022 adjusted EBITDA and EPS…

Benzinga · Feb 9, 2022

Jacobs Engineering Q1 Sales Remain Flat, Misses Consensus; Reiterates FY22 Outlook

Jacobs Engineering Q1 Sales Remain Flat, Misses Consensus; Reiterates FY22 Outlook

Jacobs Engineering Group Inc (NYSE:J) reported first-quarter revenue was flat year-over-year at $3.38 billion, missing the consensus of $3.51 billion. Adjusted net revenue increased by 6.4% Y/Y to $2.91 billion. Revenues by segments: Critical Mission Solutions $1.16 billion (-10.3% Y/Y), People & Places Solutions $1.93 billion (-7.6% Y/Y) and PA Consulting $289.97…

Benzinga · Feb 8, 2022

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Jacobs Acquires Mobility Analytics Provider StreetLight Data For Undisclosed sum

Jacobs Engineering Group Inc (NYSE:J) has acquired mobility analytics provider StreetLight Data, Inc. for undisclosed financial terms. This acquisition accelerates Jacobs' strategy to grow its end-to-end digital solutions portfolio and focus on ESG while adding high growth, highly recurring revenue software businesses. StreetLight applies proprietary processing technology to location data from millions of…

Benzinga · Feb 7, 2022

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