Although second quarter earnings rose for Jacobs Engineering Group Inc. (NYSE: JEC) to 88 cents per share from 80 cents per share last year, revenue fell short of estimates and the company lowered its full year outlook. Shares of the engineering and construction company plummeted $5.16 to close at $40.39.
Revenue Falls Short For Jacobs Engineering
April 28, 2009 at 18:43 PM EDT