With a market cap of $14.5 billion, Jacobs Solutions Inc. (J) engages in the infrastructure and advanced facilities and consulting businesses in the United States and internationally. Founded in 1947, the Dallas, Texas-based company is expected to report its Q2 earnings on Tuesday, May 6, before the market opens.

Ahead of the event, analysts expect J to report a profit of $1.41 per share, down 26.2% from a profit of $1.91 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in all of the past four quarters, which is notable. In the previous quarter, it reported an EPS of $1.33, which surpassed the consensus estimates by 3.1%, thanks to strong revenue growth from the Water and Life Sciences within Infrastructure & Advanced Facilities.

For the current year, analysts expect J to report EPS of $6.03, up 14.2% from $5.28 in fiscal 2024. Moreover, analysts expect its earnings to surge 13.6% year-over-year to $6.85 per share in fiscal 2026.

Over the past year, J shares have declined 1.1%, underperforming the S&P 500 Index’s ($SPX) 6% gains and the Industrial Select Sector SPDR Fund’s (XLI) 2.5% rally over the same time frame.

Jacobs Solutions’ stock declined 3.5% after the company announced its Q1 earnings on Feb. 4. The company reported a 4.4% growth in its gross revenue, which amounted to $2.9 billion, mainly driven by a 4.8% growth in its infrastructure & Advanced Facilities gross revenue. Additionally, its adjusted EBITDA rose 23.6% year-over-year to $282 million.

The consensus opinion on J stock is moderately optimistic, with an overall “Moderate Buy” rating. Out of the 15 analysts covering the stock, seven recommend a “Strong Buy,” two recommend a “Moderate Buy,” and six recommend a “Hold.” Its mean price target of $146.25 indicates a robust 22.7% upside potential from current price levels.