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Jacobs narrows FY24 adjusted EPS view to $7.85-$8.05 from $7.80-$8.10

Consensus $8.03. Backs FY24 adjusted EBITDA view $1.54B-$1.59B. Jacobs’ CFO Venk Nathamuni added, “We continue to focus on operational excellence and expect to end fiscal year 2024 with strong profitability. With the anticipated completion of the planned spin-off in the coming months, we are excited to share our enhanced strategic plan for Jacobs following the anticipated separation at our next Investor Day on February 18, 2025 in Miami, Florida.”

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