tiprankstipranks

Jacobs narrows FY25 adjusted EPS view to $5.85-$6.20 from $5.80-$6.20

Jacobs narrows FY25 adjusted EPS view to $5.85-$6.20 from $5.80-$6.20

Consensus $6.01. Backs FY25 revenue growth view mid-to-high single digits. The company said, “The Company reiterates its fiscal 2025 outlook for adjusted net revenue to grow mid-to-high single digits over fiscal 2024, adjusted EBITDA margin to range from 13.8-14.0% and reported free cash flow conversion to exceed 100% of net income. We are raising our adjusted EPS range for fiscal 2025 from $5.80-$6.20 to $5.85-$6.20 to reflect our lower share count expectation.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue