Jacobs Engineering earnings rise 48%
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From Times Wire Services
Construction services provider Jacobs Engineering Group Inc. said its fiscal third-quarter earnings rose nearly 48% on higher revenue from its technical professional services unit.
The Pasadena company earned $74.8 million, or 61 cents a share, compared with $50.6 million, or 42 cents, a year earlier. Revenue increased 8% to $2.08 billion.
Shares of Jacobs fell 71 cents to $64.98.
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