Investing.com - Jacobs Engineering reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Jacobs Engineering announced earnings per share of $1.63 on revenue of $3.52B. Analysts polled by Investing.com anticipated EPS of $1.32 on revenue of $3.43B.
Jacobs Engineering shares are up 16% from the beginning of the year and are trading at $107.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 10.73% from the start of the year.
Jacobs Engineering shares gained 2.38% in pre-market trade the report.
Jacobs Engineering follows other major Capital Goods sector earnings this month
Jacobs Engineering's report follows an earnings beat by Honeywell on October 30, who reported EPS of $1.56 on revenue of $7.8B, compared to forecasts EPS of $1.49 on revenue of $7.66B.
Boeing had beat expectations on October 28 with third quarter EPS of $-1.39 on revenue of $14.14B, compared to forecast for EPS of $-2.31 on revenue of $14.2B.
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