secwatch.observer — SEC 8-K summary
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Issuer:     JACOBS SOLUTIONS INC. (J)
CIK:        0000052988
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0000052988-24-000051
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jacobs Solutions Q3 adjusted EPS $1.96, up 11% y/y; P&PS backlog record $19.3B
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- Adjusted EPS $1.96, up 11% y/y; GAAP EPS $1.17 (down 9% y/y); operating cash flow $483M; $151M share buybacks in Q3.
- P&PS backlog record $19.3B, up 10.2% y/y; book-to-bill 1.53x; gross profit in backlog up 9% y/y.
- Fiscal 2024 adjusted EPS guidance narrowed to $7.85-$8.05 (mid-point 10% growth); adjusted EBITDA unchanged $1.54B-$1.585B.
- Planned spin-off of CMS with Amentum expected to close in H2 September 2024; all competition and FDI clearances received.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/52988/000005298824000051/0000052988-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/52988/000005298824000051/j-20240806.htm
  HTML page:      https://secwatch.observer/filing/0000052988-24-000051

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