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| Jacobs Engineering reports earnings for fiscal 2011 Jacobs Engineering announced its financial results for the fiscal year and fourth quarter ended September 30, 2011. Jacobs reported net earnings of $331.0 million, or $2.60 per diluted share, on revenues of $10.4 billion for its fiscal year ended September 30, 2011. These results compare to net earnings of $246.0 million, or $1.96 per diluted share, on revenues of $9.9 billion for fiscal 2010. Excluding the effects of the SIVOM litigation discussed below, net earnings and earnings per diluted share for fiscal 2010 were $306.3 million and $2.44, respectively. For the fourth quarter of fiscal 2011, Jacobs reported net earnings of $94.3 million, or $0.74 per diluted share, on revenues of $2.7 billion. This compares to net earnings of $77.0 million, or $0.61 per diluted share, on revenues of $2.3 billion for the fourth quarter of fiscal 2010. write your comments about the article :: © 2011 Construction News :: home page |