NYSE$J

Jacobs Engineering Group Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Jacobs reported strong year-over-year operating profit growth and recognized gain from early stage investment in AI software provider C3.ai. The company delivered on sustainability commitment to achieve net carbon zero in 2020 and announced favorable PA Consulting shareholder vote. Midpoint of fiscal 2021 adjusted EBITDA and adjusted EPS outlook was increased.

Jacobs reported a revenue of $3.4 billion, a 0.6% year-over-year increase, and an EPS from continuing operations of $1.96, up 47% year-over-year. Adjusted EPS from continuing operations was $1.41, up 17% year-over-year. Backlog increased $2.4 billion to $25.1 billion, up 11% year-over-year.

  • Revenue of $3.4 billion grew 0.6% year-over-year.
  • EPS from continuing operations of $1.96 up 47% year-over-year
  • Adjusted EPS from continuing operations of $1.41 up 17% year-over-year
  • Backlog increased $2.4 billion to $25.1 billion, up 11% year-over-year

Headline financials

Total Revenue

$3.38B

Previous: $3.36B+0.6%
EPS (adj)

$1.41

Previous: $1.20+17.5%
Backlog

$25.1B

Previous: $22.7B+10.6%
Capital Expenditures

-$16.8M

Previous: -$22.3M+24.7%
Free Cash Flow

$240M

Previous: $235M+2.4%
Net Income

$257M

Previous: $257M+0.0%
Operating Income

$214M

Previous: $151M+41.4%
Gross Profit

$632M

Previous: $645M-1.9%
Cash & Equivalents

$837M

Previous: $619M+35.2%
Total Assets

$12.8B

Previous: $12.2B+4.6%
Stock-Based Comp

$11.8M

Previous: $14.3M-17.1%

Revenue & EPS history

Jacobs · Revenue · Quarterly

$3.38B

Q1 2021+0.6%vs Q1 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Jacobs · $288M total across 1 segment · Q4 2023

  • PA Consulting
    $288M+13.3%

Forward guidance

The company now expects fiscal 2021 adjusted EBITDA of $1,075 million to $1,155 million and adjusted EPS of $5.30 to $6.00 from its previous outlook of adjusted EBITDA of $1,055 million to $1,155 million and adjusted EPS of $5.20 to $6.00.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.0%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+0.3%

Avg return

30 days after

45%

33 / 74 earnings

Positive

+10.9%

Q2 2018

Best reaction

-11.4%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-0.1%-9.5%-8.7%
Q1 2026+7.8%+13.6%+2.9%
Q4 2025-11.4%-7.9%-7.6%
Q2 2025-5.7%-3.1%-0.3%
Q1 2025-3.5%-3.5%-10.9%
Q4 2024-5.6%-2.1%-4.5%
Q3 2024-0.5%+2.4%+2.7%
Q2 2024-7.1%-6.6%-7.2%
Q1 2024+4.8%+6.2%+8.6%
Q4 2023-9.5%-9.9%-6.9%
Q3 2023+6.1%+6.2%+2.5%
Q2 2023-2.3%-1.8%-0.5%
Q1 2023-2.8%-2.6%-5.6%
Q4 2022-2.0%-1.9%-3.8%
Q3 2022-6.9%-7.1%-9.3%
Q2 2022+3.3%-0.0%+1.8%
Q1 2022-0.2%-5.1%-2.7%
Q4 2021+1.3%-0.6%-6.3%
Q3 2021-3.9%-3.7%+1.8%
Q2 2021+0.1%-1.1%+1.1%
Q1 2021+1.4%+5.3%+14.6%
Q4 2020+1.8%+1.3%+2.7%
Q3 2020+8.2%+7.0%+9.1%
Q2 2020-3.7%-3.6%+9.2%
Q1 2020+4.0%+2.9%+4.5%
Q4 2019-2.1%-1.4%-4.1%
Q3 2019+5.7%+7.8%+14.1%
Q2 2019+2.6%+2.1%+3.4%
Q1 2019-2.3%-1.5%+7.7%
Q4 2018-10.6%-11.3%-21.7%
Q3 2018+7.6%+7.1%+8.3%
Q2 2018+10.9%+12.1%+16.5%
Q1 2018-2.1%-1.6%-5.2%
Q4 2017+9.2%+6.7%+12.0%
Q3 2017+3.6%+0.5%+4.1%
Q2 2017-0.3%-3.6%-3.3%
Q1 2017-4.0%-2.3%-4.0%
Q4 2016+6.4%+7.2%+0.6%
Q3 2016+2.3%+0.2%-3.4%
Q2 2016+9.5%
Q1 2016-3.3%
Q4 2015+3.7%
Q3 2015+7.8%
Q2 2015-5.4%
Q1 2015-0.9%
Q4 2014+0.0%
Q3 2014-4.1%
Q2 2014-8.1%
Q1 2014-2.2%
Q4 2013-5.7%
Q3 2013-1.8%
Q2 2013-2.3%
Q1 2013+0.5%
Q4 2012+0.0%
Q3 2012-2.2%
Q2 2012-2.3%
Q1 2012+1.5%
Q4 2011-2.7%
Q3 2011-0.8%
Q2 2011-0.3%
Q1 2011+2.2%
Q4 2010+0.0%
Q1 2008+0.0%
Q3 2010+4.7%
Q2 2010-0.3%
Q1 2009-4.1%
Q1 2010+2.2%
Q4 2007-0.4%
Q2 2009-0.4%
Q4 2009-0.4%
Q3 2008+3.6%
Q4 2008+3.6%
Q3 2009+3.6%
Q2 2008+3.6%

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