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home / news releases / J - Jacobs Solutions Inc. (J) Q1 2024 Earnings Call Transcript


J - Jacobs Solutions Inc. (J) Q1 2024 Earnings Call Transcript

2024-02-06 16:37:10 ET

Jacobs Solutions, Inc. (J)

Q1 2024 Earnings Conference Call

February 06, 2024, 10:00 ET

Company Participants

Jonathan Evans - VP, IR & Corporate Development

Robert Pragada - CEO & Director

Claudia Jaramillo - EVP, Strategy & Corporate Development & CFO

Conference Call Participants

Andrew Wittmann - Robert W. Baird & Co.

Michael Dudas - Vertical Research Partners

Andrew Kaplowitz - Citigroup

Steven Fisher - UBS

Bert Subin - Stifel, Nicolaus & Company

Charles Dillard - Sanford C. Bernstein & Co.

Sabahat Khan - RBC Capital Markets

Presentation

Operator

Good morning. My name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to the Jacobs Fiscal First Quarter 2024 Earnings Conference Call and Webcast. Today's conference is being recorded. [Operator Instructions]. At this time, I'd like to turn the conference over to Jonathan Evans, VP of Corporate Development and Investor Relations. Please go ahead.

Jonathan Evans

Thank you, Audra. Good morning. Our earnings announcement was filed this morning, and we have posted a slide presentation on our website, which we'll reference during the call. I would like to refer you to Slide 2 of the presentation material for information about our forward-looking statements, non-GAAP financial measures and operating metrics.

We have also introduced a new supplement that consolidates certain information, including our non-GAAP financial tables. Additionally, beginning with this quarter, the company will no longer apply an adjustment to adjusted net earnings from continuing operations and adjusted EPS, which previously resulted in the application of the expected annual tax rate to all quarterly periods. Prior comparable periods are also being presented on this basis.

Turning to the agenda on Slide 3. Speaking on today's call will be Jacobs' CEO, Bob Pragada; and CFO, Claudia Jaramillo. Bob will begin by providing an overview of recent activities and summarizing highlights from our first quarter results. Claudia will provide a more in-depth discussion of our financial metrics as well as a review of our balance sheet and cash flow.

With that, I'll turn it over to CEO, Bob Pragada.

Robert Pragada

Thank you, Jonathan. Good day, everyone, and thank you for joining us to discuss our first quarter fiscal year 2024 business performance. We continue to prioritize simplifying our business model, optimizing our cost structure and accelerating profitable growth and margin expansion across our lines of business....

For further details see:

Jacobs Solutions, Inc. (J) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Jacobs Engineering Group Inc.
Stock Symbol: J
Market: NYSE
Website: jacobs.com

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