Jacobs Reports Surge in Earnings

Summary


3:15 p.m. PASADENA - Jacobs Engineering Group Inc. on Tuesday reported a 38 percent surge in its third-quarter earnings.

The Pasadena-based engineering firm posted net income of $50.6 million, or 84 cents per share, for the three months ending June 30, up from $36.6 million, or 62 cents per share, for the same period a year ago.

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Extract


Jacobs Reports Surge in Earnings

"It was a very strong quarter," said John W. Prosser Jr., Jacobs' principal financial officer and...

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