DALLAS (AP) — DALLAS (AP) — Jacobs Solutions Inc. (J) on Thursday reported fiscal fourth-quarter net income of $122.3 million.
On a per-share basis, the Dallas-based company said it had net income of 92 cents. Earnings, adjusted for non-recurring costs and amortization costs, came to $1.75 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.67 per share.
The construction and technical services company posted revenue of $3.15 billion in the period.
For the year, the company reported profit of $289.3 million, or $2.38 per share. Revenue was reported as $12.03 billion.
Jacobs Solutions expects full-year earnings in the range of $6.90 to $7.30 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on J at https://www.zacks.com/ap/J
/A%20Palantir%20sign%20displayed%20on%20an%20office%20building%20by%20Poetra_RH%20via%20Shutterstock.jpg)
/Chipset%20held%20over%20rush%20hour%20traffic%20by%20Jae%20Young%20Ju%20via%20iStock.jpg)
/Meta%20by%20creativeneko%20via%20Shutterstock.jpg)
/Tesla%20charging%20station%20black%20background%20by%20Blomst%20via%20Pixabay.jpg)