Analyst Review on Jacobs Engineering Group and AECOM Technology - Engineering Firms Look to Build on Strong 2012
November 29 2012 - 8:30AM
Marketwired
Today's Free Analyst Review -- Jacobs Engineering Group Inc. (NYSE:
JEC) and AECOM Technology Corporation (NYSE: ACM). Engineering
firms continue to be one of the most consistent performers of 2012.
Impressive revenues, stable dividends and strong backlogs suggest
that this run could easily carry into 2013. Higher commodity costs,
stiff competition and volatile currency market pose as obstacles
but do not appear sufficient to derail the industry's momentum.
Street-Wire.com posted free reports on
Jacobs
Engineering Group and
AECOM Technology,
which are available at http://www.street-wire.com/
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Jacobs Engineering Group demonstrates the above trends. At the
end of the fourth quarter, its backlog was at $15.9 billion marking
an 11.3% improvement over the prior year quarter. It also recently
inked new deals with a subset of the U.S. Navy as well as an
Estonian energy outfit. The two contracts are also reflective of
its ability to thrive in the public and private sectors as well as
the domestic and international spheres. Jacobs Engineering Group
financial analysis available for free at
http://www.street-wire.com/JEC29112012.pdf
Similarly, AECOM Technology is on its way to complete a strong
2012. In its fourth quarter report released earlier this month, it
announced a 3% increase to its backlog, which helped mitigate a
minor drop to year-over-year revenues. Our financial analysis on
AECOM Technology can be accessed at
http://www.street-wire.com/ACM29112012.pdf
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