DALLAS (AP) — DALLAS (AP) — Jacobs Solutions Inc. (J) on Tuesday reported fiscal fourth-quarter profit of $149.4 million.
On a per-share basis, the Dallas-based company said it had net income of $1.24. Earnings, adjusted for restructuring costs and amortization costs, were $1.90 per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.02 per share.
The construction and technical services company posted revenue of $4.29 billion in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $4.14 billion.
For the year, the company reported profit of $665.8 million, or $5.30 per share. Revenue was reported as $16.35 billion.
Jacobs Solutions expects full-year earnings in the range of $7.70 to $8.20 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on J at https://www.zacks.com/ap/J