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Jacobs Solutions Inc - J STOCK NEWS

Welcome to our dedicated news page for Jacobs Solutions (Ticker: J), a resource for investors and traders seeking the latest updates and insights on Jacobs Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Jacobs Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Jacobs Solutions's position in the market.

Rhea-AI Summary
Jacobs (J) secures a $249M contract as a major subcontractor for MacDill Air Force Base support services, focusing on facilities optimization and sustainability infrastructure improvement. The project aims to enhance operational availability and sustainability through critical expertise and an intelligent asset management framework.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
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Rhea-AI Summary
Jacobs and Mott MacDonald have been selected by Thames Water as technical partners to support the delivery of the water company's $5.9 billion future asset investment programs under the Strategic Resource Option framework. The partnership aims to enhance water supply resiliency in London and surrounding areas through three major water infrastructure projects. Jacobs and Mott MacDonald will provide technical, engineering, environmental, regulatory, and planning services for the development and delivery of these projects over an eight-year period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
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Rhea-AI Summary
Jacobs (J) appointed as Lead Design Consultant for urban development project in Al Madinah, Saudi Arabia, supporting Vision 2030. The project aims to enhance Madinah as a global destination with hotels, residential buildings, and hospitality offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
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Rhea-AI Summary
Jacobs Solutions Inc. (NYSE: J) reported a 9.5% increase in revenue, reaching $4.2 billion in the first quarter of fiscal 2024. The company's cash flow from operations totaled $418 million, and it repurchased $100 million in shares. Jacobs also announced an 11.5% quarterly dividend increase and reiterates its fiscal 2024 adjusted EBITDA and adjusted EPS outlook. The company's backlog reached $29.6 billion, up 4.7% year-over-year, and gross profit in backlog increased by 6.1% year-over-year. The reported EPS increased by 28% year-over-year, and the adjusted EPS from continuing operations also increased by 28% year-over-year. Jacobs' CEO highlighted the strong performance and robust organic revenue growth in the People and Places Solutions business, while the CFO emphasized the commitment to consistent return of capital to shareholders. The company also provided an update on the planned separation transaction, expecting it to close in the second half of fiscal year 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
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News
Rhea-AI Summary
Jacobs (J) has declared a quarterly cash dividend of $0.29 per share, marking an 11.5% increase from its previous dividend of $0.26. The dividend will be paid on March 22, 2024, to shareholders of record as of Feb. 23, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
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dividends
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Rhea-AI Summary
Jacobs (NYSE:J) has been awarded a $132 million contract to provide research and technology services to the United Kingdom's naval nuclear propulsion program, supporting the Royal Navy's submarines. The contract runs until 2032 and includes essential technical support for the reactors powering the submarines, as well as future reactor development. This work is crucial for national security, as the U.K. is building new submarines and developing a new type of submarine under the AUKUS security agreement with the U.S. and Australia. Jacobs also provides nuclear safety and technical advice to the Royal Navy's submarine service under a separate $230 million, 10-year contract. The company's work is expected to support 100 more U.K. jobs, with Jacobs already employing over 11,000 people across the country.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
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Rhea-AI Summary
Jacobs (NYSE:J) has been selected as a consultant for the BusConnects Cork Sustainable Transport Corridors program, aimed at enhancing mobility in Cork, Ireland. The program will provide better walking, cycling, and bus infrastructure for 11 key access corridors, with plans for new bus routes, cycling lanes, improved bus frequencies, new bus stops, and shelters, and the transition to a zero-emission bus fleet. Jacobs is also supporting the planning process for the NTA's BusConnects Dublin program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
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Rhea-AI Summary
Jacobs (J) is set to release its fiscal first quarter 2024 earnings results on February 6, 2024. The company will host a conference call to discuss the results and operating trends, offering interested parties the opportunity to listen via webcast and view accompanying slides at jacobs.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
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Rhea-AI Summary
Jacobs (NYSE:J) appointed as Engineering and Professional Services Partner by Sunwater Limited in Queensland, Australia. Jacobs to deliver engineering consulting services to support water infrastructure upgrade projects, including civil, hydraulic, geotechnical, electrical, and mechanical disciplines. Sunwater aims to upgrade six dams by 2035 to maintain a safe, secure water supply for the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
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Rhea-AI Summary
Jacobs (NYSE:J) selected as technical advisor for the new M28 motorway project in County Cork, Ireland. The project aims to improve transport connectivity and support sustainable economic development. The motorway is scheduled to be completed by 2030.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
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Jacobs Solutions Inc

NYSE:J

J Rankings

J Stock Data

18.18B
124.16M
0.97%
87.3%
1.33%
Payroll Services
Professional, Scientific, and Technical Services
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