We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Countdown to Jacobs Solutions (J) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
Read MoreHide Full Article
Analysts on Wall Street project that Jacobs Solutions (J - Free Report) will announce quarterly earnings of $1.95 per share in its forthcoming report, representing an increase of 7.1% year over year. Revenues are projected to reach $4.38 billion, increasing 4.7% from the same quarter last year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Jacobs Solutions metrics that are commonly monitored and projected by Wall Street analysts.
The average prediction of analysts places 'Revenues- PA Consulting' at $303.14 million. The estimate points to a change of +5.7% from the year-ago quarter.
Analysts' assessment points toward 'Revenues- Critical Mission Solutions' reaching $1.19 billion. The estimate indicates a year-over-year change of +0.2%.
The consensus estimate for 'Segment Operating Profit- Critical Mission Solutions' stands at $103.28 million. Compared to the current estimate, the company reported $99.14 million in the same quarter of the previous year.
The consensus among analysts is that 'Segment Operating Profit- Divergent Solutions' will reach $21.67 million. The estimate compares to the year-ago value of $20.79 million.
Based on the collective assessment of analysts, 'Segment Operating Profit- PA Consulting' should arrive at $62.71 million. Compared to the present estimate, the company reported $60.86 million in the same quarter last year.
According to the collective judgment of analysts, 'Segment Operating Profit- People & Places Solutions' should come in at $268.86 million. Compared to the present estimate, the company reported $242.67 million in the same quarter last year.
Shares of Jacobs Solutions have demonstrated returns of +5.7% over the past month compared to the Zacks S&P 500 composite's +1.1% change. With a Zacks Rank #3 (Hold), J is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Countdown to Jacobs Solutions (J) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
Analysts on Wall Street project that Jacobs Solutions (J - Free Report) will announce quarterly earnings of $1.95 per share in its forthcoming report, representing an increase of 7.1% year over year. Revenues are projected to reach $4.38 billion, increasing 4.7% from the same quarter last year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Jacobs Solutions metrics that are commonly monitored and projected by Wall Street analysts.
The average prediction of analysts places 'Revenues- PA Consulting' at $303.14 million. The estimate points to a change of +5.7% from the year-ago quarter.
Analysts' assessment points toward 'Revenues- Critical Mission Solutions' reaching $1.19 billion. The estimate indicates a year-over-year change of +0.2%.
The consensus estimate for 'Segment Operating Profit- Critical Mission Solutions' stands at $103.28 million. Compared to the current estimate, the company reported $99.14 million in the same quarter of the previous year.
The consensus among analysts is that 'Segment Operating Profit- Divergent Solutions' will reach $21.67 million. The estimate compares to the year-ago value of $20.79 million.
Based on the collective assessment of analysts, 'Segment Operating Profit- PA Consulting' should arrive at $62.71 million. Compared to the present estimate, the company reported $60.86 million in the same quarter last year.
According to the collective judgment of analysts, 'Segment Operating Profit- People & Places Solutions' should come in at $268.86 million. Compared to the present estimate, the company reported $242.67 million in the same quarter last year.
View all Key Company Metrics for Jacobs Solutions here>>>
Shares of Jacobs Solutions have demonstrated returns of +5.7% over the past month compared to the Zacks S&P 500 composite's +1.1% change. With a Zacks Rank #3 (Hold), J is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>