AI English summary of an SEC filing — figures as filed
Jacobs Solutions JJacobs Solutions reported revenue of $2,932,956 thousand for the quarter ended December 27, 2024, compared with $2,810,227 thousand in the prior-year quarter, and a GAAP net loss from continuing operations of $17,129 thousand, compared with net earnings of $128,346 thousand in the prior-year quarter.
Key points
AI summaryJacobs Solutions reported revenue of $2,932,956 thousand for the quarter ended December 27, 2024, compared with $2,810,227 thousand in the prior-year quarter, and a GAAP net loss from continuing operations of $17,129 thousand, compared with net earnings of $128,346 thousand in the prior-year quarter.
The company said mark-to-market losses on its investment in Amentum of $145.2 million were included in total other expense, net, and that adjusted EPS from continuing operations was $1.33, compared with $1.45 in the prior-year quarter.
Jacobs Solutions said its Board of Directors authorized an incremental $1.5 billion share repurchase program with a duration of 3 years on January 30, 2025, and declared a quarterly cash dividend of $0.32 per share, representing a 10% increase. The company added that $271 million remained under the existing $1.0 billion share repurchase program at the end of the quarter.
The company reported net cash provided by operating activities of $107,456 thousand for Q1, compared with $418,361 thousand in the prior-year quarter. It raised its adjusted EPS guidance range for FY2025 from $5.80–$6.20 to $5.85–$6.20.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Quarterly Revenue and GAAP Net Loss
Jacobs Solutions reported revenue of $2,932,956 thousand for the quarter ended December 27, 2024, compared with $2,810,227 thousand in the prior-year quarter, and a GAAP net loss from continuing operations of $17,129 thousand, compared with net earnings of $128,346 thousand in the prior-year quarter.
Source · Based on the filing body and exhibits
Amentum Stock Valuation Loss and Adjusted EPS
The company said mark-to-market losses on its investment in Amentum of $145.2 million were included in total other expense, net, and that adjusted EPS from continuing operations was $1.33, compared with $1.45 in the prior-year quarter.
Source · Based on the filing body and exhibits
Shareholder Returns: Share Repurchase and Dividend
Jacobs Solutions said its Board of Directors authorized an incremental $1.5 billion share repurchase program with a duration of 3 years on January 30, 2025, and declared a quarterly cash dividend of $0.32 per share, representing a 10% increase. The company added that $271 million remained under the existing $1.0 billion share repurchase program at the end of the quarter.
Source · Based on the filing body and exhibits
Operating Cash Flow and FY2025 Adjusted EPS Guidance
The company reported net cash provided by operating activities of $107,456 thousand for Q1, compared with $418,361 thousand in the prior-year quarter. It raised its adjusted EPS guidance range for FY2025 from $5.80–$6.20 to $5.85–$6.20.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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