Jacobs Solutions (J) reported fiscal Q1 adjusted earnings Tuesday of $1.33 per diluted share, down from $1.45 a year earlier.
Analysts polled by FactSet expected $1.26.
Revenue for the quarter ended Dec. 27 was $2.93 billion, compared with $2.81 billion a year earlier.
Analysts polled by FactSet expected $2.92 billion.
The company narrowed its fiscal 2025 adjusted EPS outlook to between $5.85 and $6.20 from the previous range of $5.80 to $6.20. Analysts polled by FactSet expect $6.
In a separate statement, Jacobs Solutions said its board approved a $1.5 billion share buyback program over a three-year period.
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