Investing.com - Jacobs Engineering reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Jacobs Engineering announced earnings per share of $1.66 on revenue of $3.55B. Analysts polled by Investing.com anticipated EPS of $1.36 on revenue of $3.49B.
Jacobs Engineering shares are up 28% from the beginning of the year and are trading at $139.95 , down-from-52-week-high.They are outperforming the S&P 500 which is up 12.69% from the start of the year.
Jacobs Engineering follows other major Capital Goods sector earnings this month
Jacobs Engineering's report follows an earnings beat by ASML ADR on April 21, who reported EPS of $3.86 on revenue of $5.25B, compared to forecasts EPS of $3.07 on revenue of $4.81B.
Honeywell had beat expectations on April 23 with first quarter EPS of $1.92 on revenue of $8.45B, compared to forecast for EPS of $1.8 on revenue of $8.08B.
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