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dpa-AFX: Jacobs Engineering Q1 Profit Rises

| Quelle: dpa-AFX Analysen
WASHINGTON (dpa-AFX) - Jacobs Engineering Group Inc. (JEC) reported that its net earnings for its first quarter of fiscal 2015 ended December 26, 2014 were $100.1 million, or $0.77 per share, up from $93.7 million or $0.71 per share in the first quarter of fiscal 2014 ended December 27, 2013. Quarterly revenues grew to $3.2 billion from $3.1 billion in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.78 per share and revenues of $3.17 billion for the quarter. Analysts' estimates typically exclude special items. Commenting on the Company's earnings outlook for the remainder of fiscal 2015, Jacobs Chief Financial Officer Kevin Berryman stated, 'Short-term, as market conditions remain challenging, we are taking a cautious stance in guidance, as our outlook is now more aligned with the lower half of our previously stated range. Nonetheless, our backlog remains at record highs, supporting our long-term view of the Company's growth potential and the benefits and competitive advantage that its diversity brings.' Copyright RTT News/dpa-AFX

Jacobs Engineering Group

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