Jacobs Solutions tops quarterly profit estimates on robust demand for its Infra services

Reuters
2025/11/20
Jacobs Solutions tops quarterly profit estimates on robust demand for its Infra services

Nov 20 (Reuters) - Engineering services provider Jacobs Solutions J.N beat analysts' estimate for fourth-quarter profit on Thursday, on the back of steady demand across Infrastructure & Advanced Facilities segment.

Robust demand for Jacobs' I&AF segment continues to shield the company from macroeconomic uncertainty amid an inflationary market and global tariff war.

"The Life Sciences, Data Center, Water, Energy & Power and Transportation sectors drove Infrastructure & Advanced Facilities' (I&AF) revenue growth in FY25, and we anticipate these sectors will remain strong in FY26 and beyond," said CEO Bob Pragada.

The I&AF segment provides design, engineering and management services for large-scale government projects.

Jacobs forecast adjusted profit for fiscal 2026 to be between $6.90 and $7.30 per share, above analysts' estimate of $7.02 according to data compiled by LSEG.

The company reported an adjusted profit of $1.75 per share in the fourth quarter, beating analysts' average estimate of $1.68.

Its quarterly revenue was $3.15 billion, compared with $2.96 billion a year earlier.

(Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Krishna Chandra Eluri)

((Aatreyee.Dasgupta@thomsonreuters.com;))

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