Jacobs Engineering Group Inc.'s (J) CEO Steve Demetriou on Q3 2022 Results - Earnings Call Transcript

Jacobs Engineering Group Inc. Q3 2022 Earnings Conference Call August 1, 2022 8:00 AM ET

Company Participants

Jonathan Doros - Investor Relations

Steve Demetriou - Chief Executive Officer

Bob Pragada - Chief Operating Officer

Kevin Berryman - Chief Financial Officer

Ken Toombs - Chief Executive Officer of PA Consulting

Conference Call Participants

Jamie Cook - Credit Suisse

Bert Subin - Stifel Financial Corp.

Jerry Revich - Goldman Sachs

Steven Fisher - UBS

Chad Dillard - Bernstein

Andrew Whitman - Robert W. Baird

Louie DiPalma - William Blair

Michael Feniger - Bank of America

Josh Sullivan - Benchmark Company

Gautam Khanna - Cowen

Sean Eastman - KeyBanc Capital Markets

Andy Kaplowitz - Citigroup

Sabahat Khan - RBC Capital Markets

Operator

Good morning. My name is Rob, and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Jacobs’ Fiscal Third Quarter 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

Jonathan Doros, you may begin your conference.

Jonathan Doros

Thank you. Good morning to all. Our earnings announcement and 10-Q were filed this morning and we have posted a copy of the slide presentation on our website, which we will reference during the call.

I’d like to refer you to Slide 2 of the presentation materials for information about our forward-looking statements, non-GAAP financial measures, and pro forma figures. For pro forma comparisons the current and prior periods include the results of recent acquisitions, including StreetLight Data and BlackLynx, as well as our strategic investment in PA Consulting for the full fiscal period.

Turning to the agenda on Slide 3. Speaking on today’s call will be Jacobs’ Chair and CEO, Steve Demetriou; President and Chief Operating Officer, Bob Pragada; and the CEO of PA Consulting, Ken Toombs; and President and Chief Financial Officer, Kevin Berryman.

Steve will begin by reviewing our third quarter results, and then discuss our Jacobs and PA accelerating social impact. Bob will then review our performance by line of business, Ken will provide an update on PA Consulting, and Kevin will provide a more in-depth discussion about financial metrics as well as review of our balance sheet and cash flow. Finally, Steve will provide details on our updated outlook along with some closing remarks and then we’ll open the call for your questions.