Jacobs reports Q1 adjusted EPS $1.33, consensus $1.26

Reports Q1 revenue $2.93B, consensus $2.92B. Reports Q1 backlog of $21.8B, up 18.9% and Q1 book-to-bill 1.0x. Jacobs (J)’ chair and CEO Bob Pragada commented, “Our focus on the transformed portfolio is already having a positive impact on results. We started FY25 with solid performance across our business, led by strong Water and Life Sciences revenue growth within Infrastructure & Advanced Facilities. As we look ahead to the rest of the fiscal year, we continue to see tailwinds from robust bookings over the last several quarters as well as a healthy pipeline across our end markets. We are pleased with our first quarter results and that we’ve increased our adjusted EPS outlook early in our fiscal year.”