07:18 AM EST, 02/04/2025 (MT Newswires) -- Jacobs Solutions ( J ) reported fiscal Q1 adjusted earnings Tuesday of $1.33 per diluted share, down from $1.45 a year earlier.

Analysts polled by FactSet expected $1.26.

Revenue for the quarter ended Dec. 27 was $2.93 billion, compared with $2.81 billion a year earlier.

Analysts polled by FactSet expected $2.92 billion.

The company narrowed its fiscal 2025 adjusted EPS outlook to between $5.85 and $6.20 from the previous range of $5.80 to $6.20. Analysts polled by FactSet expect $6.

In a separate statement, Jacobs Solutions ( J ) said its board approved a $1.5 billion share buyback program over a three-year period.