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Jacobs Fiscal Third Quarter Earnings Results August 1, 2022
Jacobs Fiscal Third Quarter Earnings Results
Forward -Looking Statement Disclaimer
Certain statements contained in this presentation constitute forward -looking statements as such term is defined in Section 27A o f the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements a re intended
to be covered by the safe harbor provided by the same. Statements made in this press release that are not based on historical fact are
forward -looking statements. When used herein, words such as “expects,” “anticipates,” “believes,” “seeks,” “estimates,” “plans,” “intends,”
“future,” “will,” “would,” “could,” “can,” “may,” and similar words are intended to identify forward -looking statements. Example s of forward -
looking statements include, but are not limited to, statements regarding our expectations as to our future growth, prospects, financial
outlook, and business strategy for fiscal 2022 or future fiscal years, including our expectations for our fiscal year 2022 to 2024 organic
targets; fiscal 2022 adjusted cash conversion; our fourth quarter adjusted EPS, adjusted EBITDA, revenue growth, adjusted ope rating profit to
net revenue, CMS operating profit margin, and G&A expenses; our fourth quarter and fiscal 2023 gross margins; PA Consulting’s fourth
quarter operating profit and revenue growth; and the impact of foreign currency translation on our fiscal 2022 financial outl ook. Although
such statements are based on management's current estimates and/or expectations, and currently available competitive, financi al,and
economic data, forward -looking statements are inherently uncertain, and you should not place undue reliance on such statements a s actual
results may differ materially. We caution the reader that there are a variety of risks, uncertainties and other factors that could cause actual
results to differ materially from what is contained, projected or implied by our forward -looking statements. Such factors includ e our ability to
execute on our newly -announced three -year corporate strategy, including our ability to invest in the tools needed to fully imple ment our
strategy, competition from existing and future competitors in our target markets, our ability to achieve the cost -savings and sy nergies
contemplated by our recent acquisitions within the expected time frames and to successfully integrate acquired businesses whi le retaining
key personnel, the impact of the COVID -19 pandemic, including the emergence and spread of variants of COVID -19, and any resultin g
economic downturn on our results, prospects and opportunities, measures or restrictions imposed by governments and health off icials in
response to the pandemic, the timing of the award of projects and funding under the Infrastructure Investment and Jobs Act, f inancial market
risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans, as well as ge neral economic
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