Jacobs Engineering Group Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Jacobs Engineering Group Inc. (J) reported a profit for third quarter that decreased from last year.

The company's profit came in at $165 million, or $0.82 per share. This compares with $227 million, or $1.73 per share, in last year's third quarter.

Excluding items, Jacobs Engineering Group Inc. reported adjusted earnings of $216 million or $1.64 per share for the period.

Analysts had expected the company to earn $1.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.1% to $3.6 billion from $3.3 billion last year.

Jacobs Engineering Group Inc. earnings at a glance:

-Earnings (Q3): $216 Mln. vs. $165 Mln. last year. -EPS (Q3): $1.64 vs. $1.26 last year. -Analysts Estimate: $1.53 -Revenue (Q3): $3.6 Bln vs. $3.3 Bln last year.

-Guidance: Full year EPS guidance: $6.15 to $6.35