WASHINGTON (dpa-AFX) - Jacobs Engineering Group Inc. (JEC) reported first quarter net earnings of $89.7 million or $0.70 per share, up from $65.8 million or $0.52 per share in the prior year quarter. On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.70 per share for the quarter. Analysts' estimates typically exclude special items. Quarterly revenues rose to $2.63 billion from $2.36 billion a year earlier. Analysts had a consensus revenue estimate of $2.72 billion for the quarter. Looking ahead to fiscal 2012, the company maintains earnings guidance at $2.80 to $3.20 per share. Analysts now estimates the company to earn $3.04 per share for fiscal 2012.
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