JACOBS SOLUTIONS INC
For the period ended Mar 29, 2024. Filed May 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 29, 2024 · Filed May 7, 2024
J$157.11+0.5%Stored close · as of Nov 10, 2026
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Consolidated Statements of Earnings - Unaudited
CONSOLIDATED STATEMENTS OF EARNINGS
Three and Six Months Ended March 29, 2024 and March 31, 2023
(In thousands, except per share information)
| For the Three Months Ended | For the Six Months Ended | |||
|---|---|---|---|---|
| March 29, 2024 | March 31, 2023 | March 29, 2024 | March 31, 2023 | |
| Revenues | $4,269,093 | $4,078,332 | $8,428,318 | $7,877,001 |
| Direct cost of contracts | (3,364,478) | (3,188,038) | (6,673,165) | (6,171,994) |
| Gross profit | 904,615 | 890,294 | 1,755,153 | 1,705,007 |
| Selling, general and administrative expenses | (623,627) | (600,431) | (1,270,101) | (1,177,339) |
| Operating Profit | 280,988 | 289,863 | 485,052 | 527,668 |
| Other Income (Expense): | ||||
| Interest income | 9,405 | 7,630 | 17,639 | 10,637 |
| Interest expense | (44,232) | (40,613) | (87,584) | (80,690) |
| Miscellaneous expense, net | (4,576) | (4,567) | (7,771) | (7,820) |
| Total other expense, net | (39,403) | (37,550) | (77,716) | (77,873) |
| Earnings from Continuing Operations Before Taxes | 241,585 | 252,313 | 407,336 | 449,795 |
| Income Tax expense from Continuing Operations | (67,283) | (19,060) | (51,005) | (69,163) |
| Net Earnings of the Group from Continuing Operations | 174,302 | 233,253 | 356,331 | 380,632 |
| Net Loss of the Group from Discontinued Operations | (768) | (75) | (1,342) | (783) |
| Net Earnings of the Group | 173,534 | 233,178 | 354,989 | 379,849 |
| Net Earnings Attributable to Noncontrolling Interests from Continuing Operations | (7,340) | (7,803) | (14,567) | (14,834) |
| Net Earnings Attributable to Redeemable Noncontrolling interests | (4,082) | (8,863) | (6,700) | (12,855) |
| Net Earnings Attributable to Jacobs from Continuing Operations | 162,880 | 216,587 | 335,064 | 352,943 |
| Net Earnings Attributable to Jacobs | $162,112 | $216,512 | $333,722 | $352,160 |
| Net Earnings Per Share: | ||||
| Basic Net Earnings from Continuing Operations Per Share | $1.30 | $1.71 | $2.68 | $2.78 |
| Basic Net Loss from Discontinued Operations Per Share | $(0.01) | $— | $(0.01) | $(0.01) |
| Basic Earnings Per Share | $1.29 | $1.71 | $2.66 | $2.78 |
| Diluted Net Earnings from Continuing Operations Per Share | $1.29 | $1.70 | $2.66 | $2.77 |
| Diluted Net Loss from Discontinued Operations Per Share | $(0.01) | $— | $(0.01) | $(0.01) |
| Diluted Earnings Per Share | $1.28 | $1.70 | $2.65 | $2.76 |
See the accompanying Notes to Consolidated Financial Statements - Unaudited.
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