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Compared to Estimates, Jacobs Solutions (J) Q3 Earnings: A Look at Key Metrics

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For the quarter ended June 2024, Jacobs Solutions (J - Free Report) reported revenue of $4.23 billion, up 1.1% over the same period last year. EPS came in at $1.96, compared to $1.82 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $4.38 billion, representing a surprise of -3.45%. The company delivered an EPS surprise of +0.51%, with the consensus EPS estimate being $1.95.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Jacobs Solutions performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenues- PA Consulting

    : $288.27 million compared to the $303.14 million average estimate based on three analysts. The reported number represents a change of +0.5% year over year.
  • Revenues- Critical Mission Solutions

    : $1.16 billion compared to the $1.19 billion average estimate based on three analysts. The reported number represents a change of -2.9% year over year.
  • Segment Operating Profit- Critical Mission Solutions

    : $100.32 million compared to the $103.28 million average estimate based on three analysts.
  • Segment Operating Profit- Divergent Solutions

    : $12.39 million versus $21.67 million estimated by three analysts on average.
  • Segment Operating Profit- PA Consulting

    : $62.89 million versus the three-analyst average estimate of $62.71 million.
  • Segment Operating Profit- People & Places Solutions

    : $271.16 million versus the three-analyst average estimate of $268.86 million.
View all Key Company Metrics for Jacobs Solutions here>>>

Shares of Jacobs Solutions have returned +1.8% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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