Jacobs (J) to Design Masterplan for New Airport in Riyadh

Zacks08-22

Jacobs Solutions, Inc. J is all set to provide concept masterplan validation, detailed masterplan design, runway design and other services to the King Salman International Airport Development Company....

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J is all set to provide concept masterplan validation, detailed masterplan design, runway design and other services to the King Salman International Airport Development Company....</p>\n\n<a href=\"https://finance.yahoo.com/news/jacobs-j-design-masterplan-airport-174900780.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jacobs (J) to Design Masterplan for New Airport in Riyadh</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJacobs (J) to Design Masterplan for New Airport in Riyadh\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-22 01:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/jacobs-j-design-masterplan-airport-174900780.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jacobs Solutions, Inc. J is all set to provide concept masterplan validation, detailed masterplan design, runway design and other services to the King Salman International Airport Development Company....</p>\n\n<a href=\"https://finance.yahoo.com/news/jacobs-j-design-masterplan-airport-174900780.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2106854487.HKD","symbol_name":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","start_time":0,"source_url":"https://finance.yahoo.com/news/jacobs-j-design-masterplan-airport-174900780.html","article_id":"2461877256","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/BD0S9yX7piwkJyMTGgPnHw--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/bd86b3d9c3070c7327b450f3089310c8"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461877256","pubTimestamp":1724262540,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Jacobs Solutions, Inc. J is all set to provide concept masterplan validation, detailed masterplan design, runway design and other services to the King Salman International Airport Development Company.Jacobs, along with architects Foster + Partners, won a competition to design the concept masterplan for King Salman International Airport, which covers an area of approximately 57 square kilometers. The airport will include six parallel runways, new terminals and real estate development in the surrounding area.Impressively, the project will prioritize low-carbon design, use of renewable energy and technological innovation to deliver more sustainable and efficient operations, achieving LEED Platinum certification and offering a unique travel experience for visitors. Being part of Saudi Arabia's Vision 2030 for economic development and growth, the project will provide the additional passenger and freight capacity needed to support multiple giga-project developments.By 2030, King Salman Inter","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","J":"雅各布工程","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","BK4588":"碎股","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","BK4123":"调查和咨询服务","LU1261432733.SGD":"Fidelity World A-ACC-SGD","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","PWR":"广达公司","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","KBR":"KBR科技","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","FLR":"福陆","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","BK4129":"建筑与工程","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU1917777945.USD":"安联专题基金Cl AT Acc"},"translate_title":"雅各布斯(J)将设计利雅得新机场总体规划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FLR":1,"J":1,"KBR":1,"PWR":0.9},"content_text":"Jacobs Solutions, Inc. J is all set to provide concept masterplan validation, detailed masterplan design, runway design and other services to the King Salman International Airport Development Company.Jacobs, along with architects Foster + Partners, won a competition to design the concept masterplan for King Salman International Airport, which covers an area of approximately 57 square kilometers. The airport will include six parallel runways, new terminals and real estate development in the surrounding area.Impressively, the project will prioritize low-carbon design, use of renewable energy and technological innovation to deliver more sustainable and efficient operations, achieving LEED Platinum certification and offering a unique travel experience for visitors. Being part of Saudi Arabia's Vision 2030 for economic development and growth, the project will provide the additional passenger and freight capacity needed to support multiple giga-project developments.By 2030, King Salman International Airport Development Company anticipates the airport will accommodate up to 100 million passengers annually.\nSolid Project Execution to Drive Growth\nJacobs' ability to execute projects efficiently has played a pivotal role in driving the company's performance in recent quarters. The continuous success in securing new contracts stands as evidence of this proficiency.The solid project execution efforts are supported by its ongoing backlog growth. At the fiscal third-quarter end, the company reported a backlog of $30.6 billion, up from $28.9 billion a year ago. Book-to-bill was 1.29x at the third quarter of fiscal 2024-end. This reflects persistent solid demand for Jacobs' consulting services.People & Places Solutions’ backlog was $19.28 billion, up from $17.5 billion reported in the year-ago period. The backlog at the Critical Mission Solutions segment was $8.45 billion, up from $8.1 billion a year ago.\nImage Source: Zacks Investment Research\nShares of the company have gained 6.9% in the past three months compared with the Zacks Technology Services industry’s 5.1% growth. Increases in direct costs due to ongoing inflationary pressures of labor, materials and currency woes are a concern.Nonetheless, J’s earnings estimates for fiscal 2024 moved up to $8.00 per share from $7.98 in the past 30 days, which suggests 11.1% year-over-year growth.\nZacks Rank\nCurrently, Jacobs carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.\nRecent Construction Releases\nQuanta Services Inc. PWR reported mixed results for second-quarter 2024, wherein adjusted earnings missed the Zacks Consensus Estimate, but revenues surpassed the same. Both metrics increased on a year-over-year basis.Quanta's performance in the second quarter marks a strong base for the rest of 2024, characterized by impressive growth across key metrics. Moreover, the company has raised its 2024 guidance for major metrics, owing to the expected contributions from its recent acquisition of CEI.KBR, Inc. KBR reported mixed second-quarter 2024 results, with earnings surpassing the Zacks Consensus Estimate and revenues missing the same. The top and bottom lines increased on a year-over-year basis.KBR performed well across key metrics and expects this trend to continue for the rest of the year. Driven by robust performance in its core business, KBR raised its adjusted EBITDA and cash flow guidance for 2024.Fluor Corporation FLR reported mixed results for second-quarter 2024, with earnings missing the Zacks Consensus Estimate but revenues beating the same. On a year-over-year basis, both earnings and revenues increased, given solid contributions from the Urban Solutions segment.In the second half of 2024, FLR will focus on deploying resources to its high-value project backlog and positioning the company to return capital to shareholders.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nQuanta Services, Inc. (PWR) : Free Stock Analysis Report\nFluor Corporation (FLR) : Free Stock Analysis Report\nKBR, Inc. (KBR) : Free Stock Analysis Report\nJacobs Solutions Inc. (J) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2461877256"}