Go back to school with your Mac, iPhone and TUAW

AOL Money & Finance

Posts with tag Jacobs Engineering Group

Jacobs Engineering Group (JEC): Shares define bullish 'cup & handle'

Jacobs Engineering Group (NYSE: JEC) provides technical, professional, and construction services to industrial, commercial, and governmental customers worldwide. The company designs and engineers process plants, buildings, infrastructure projects and manufacturing facilities. It also provides operations and maintenance services. Clients include Ford Motor (NYSE: F), GlaxoSmithKline (NYSE: GSK) and the US Department of Defense. Fluor Corporation (NYSE: FLR) and Foster Wheeler (NASDAQ: FWLT) are competitors.

Investors were pleased last week, when the firm reported fiscal Q2 EPS of 80 cents and revenues of $2.66 billion. Analysts had been looking for 77 cents and $2.63 billion. Backlog increased $5.5 billion, or 51.5%, from the end of Q2 2007. Management also guided FY08 EPS to $3.00-$3.30, versus consensus of $3.16.

Continue reading Jacobs Engineering Group (JEC): Shares define bullish 'cup & handle'

Jacobs Engineering: Two secular growth trends with investor appeal

Jacobs Engineering Group logo The secular growth trends in oil and gas services and infrastructure continue, and a company well-positioned in these two promising sectors, and by extension, worth a review, is Jacobs Engineering Group.

Jacobs Engineering Group (NYSE: JEC) is a diversified engineering/professional technical services company providing services to the chemical, petroleum, pharmaceutical and biotech sectors. The company also has aerospace and defense contracts with the U.S. government.

Analysts expect 14-20% revenue growth for F2008 on strong upstream oil/gas and downstream petroleum refining work. Public transportation infrastructure work also remains solid.

Analysts also like JEC's growth opportunities for chemical projects in the Middle East and Europe. Further, overall margins are expected to improve. The Reuters F2008/F2009 EPS consensus estimates for JEC are: $2.99/$3.59.

Continue reading Jacobs Engineering: Two secular growth trends with investor appeal

Symbol Lookup
IndexesChangePrice
DJIA+32.7311,220.96
NASDAQ-3.162,255.88
S&P 500+5.481,242.31

Last updated: September 08, 2008: 06:22 AM

BloggingStocks Exclusives

Hot Stocks

BloggingStocks Featured Video

TheFlyOnTheWall.com Headlines

WalletPop Headlines

AOL Business News

Latest from BloggingBuyouts

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance