Jacobs reports Q3 adjusted EPS $1.96, consensus $1.96

Reports Q3 revenue $4.23B, consensus $3.99B. Reports backlog of $30.6B. Jacobs’ CEO Bob Pragada commented, “We are pleased to report that Jacobs has sustained its strong margin profile in the third quarter, reflecting our commitment to strategic, disciplined execution. This quarter, we made significant strides in our portfolio optimization, focusing on high-growth sectors that emphasize sustainability and infrastructure resilience. Our bookings and backlog remain strong, demonstrating the trust our clients place in our ability to deliver innovative solutions for complex challenges. We’re nearing completion of the planned spin-off of our Critical Mission Solutions and Cyber & Intelligence Businesses and merger with Amentum. This major milestone is underscored by the recent public filing of the Form 10 related to the transaction and Amentum’s upcoming Capital Markets Day on August 13.”