Jacobs reports Q3 adjusted EPS $1.62, consensus $1.54

Reports Q3 revenue $3.03B, consensus $3.1B. Jacobs (J)’ chair and CEO Bob Pragada commented, “We delivered excellent third quarter results driven by revenue strength in both Infrastructure & Advanced Facilities and PA Consulting. Within I&AF, growth was led by the Life Sciences, Data Center, Energy & Power, Water and Transportation sectors. We saw continued momentum in PA Consulting’s business with revenue increasing 15% year-on-year in the third quarter as a result of both higher public and private sector spending. FY25 has represented a major step forward in our strategic plan, and the power of focus is evident in our results. We are entering the fourth quarter in solid position and are pleased to be able to raise our adjusted EPS guidance for FY25 for the second time in three quarters.”