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Monday, November 23, 2015

==Jacobs (JEC) reported earnings Mon 23 Nov 2015 (before open)

** charts before earnings **



** charts after earnings **





Jacobs beats by $0.04, beats on revs; guides FY16 EPS below consensus :
  • Reports Q4 (Sep) earnings of $0.80 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus of $0.76; revenues fell 3.2% year/year to $3.12 bln vs the $3 bln Capital IQ Consensus.
  • Co issues downside guidance for FY16, sees EPS of $2.80-3.30, excluding non-recurring items, vs. $3.34 Capital IQ Consensus Estimate. 
  • Jacobs also announced total backlog of $18.8 bln at Oct 2, 2015, including a technical professional services component of $11.7 billion. This is up ~2.3 percent from total backlog at Sept 26, 2014, and down ~7.3% from technical professional services backlog of $12.6 billion at Sept 26, 2014. Total backlog was negatively impacted as compared to the year-ago amount by over $600 million due to foreign exchange movements.

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