secwatch.observer — SEC 8-K summary
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Issuer:     JACOBS SOLUTIONS INC. (J)
CIK:        0000052988
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0000052988-23-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jacobs Q1 revenue $3.8B (+12.4% y/y); adj EPS $1.67 (+7% y/y); reiterates FY23 guidance
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- Revenue $3.8B (+12.4% y/y); net revenue +7.7% y/y (+12% constant currency).
- Adjusted EPS from continuing ops $1.67 (+7% y/y); GAAP EPS $1.07 (+4% y/y).
- Cash from operations $302M in Q1; reiterates 100% FY underlying cash conversion target.
- People & Places Solutions operating profit up 20% YoY; backlog $28.3B with gross margin up 100 bps y/y.
- Reaffirms FY2023 adjusted EBITDA $1.4-1.48B and adjusted EPS $7.20-$7.50.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/52988/000005298823000010/0000052988-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/52988/000005298823000010/j-20230207.htm
  HTML page:      https://secwatch.observer/filing/0000052988-23-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer