Jacobs Engineering First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Jacobs Engineering (NYSE:JEC) will unveil its latest earnings tomorrow, Wednesday, January 23, 2013. Jacobs Engineering Group offers its customers technical and construction services including engineering, design, construction management and operations and maintenance services.

Jacobs Engineering Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 76 cents per share, a rise of 8.6% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 78 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 76 cents during the last month. Analysts are projecting profit to rise by 13.4% compared to last year’s $3.30.

Past Earnings Performance: The company fell in line with estimates last quarter after topping forecasts the quarter before. After coming in above the mean estimate by one cent in the third quarter of the last fiscal year, the company fell in line with expectations by reporting net income of 80 cents per share last quarter.

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A Look Back: In the fourth quarter of the last fiscal year, profit rose 13.9% to $107.4 million (83 cents a share) from $94.3 million (74 cents a share) the year earlier, meeting analyst expectations. Revenue rose 2.3% to $2.79 billion from $2.72 billion.

Here’s how Jacobs Engineering traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: