2012-11-29 14:41:33 -
CHICAGO, IL -- (Marketwire) -- 11/29/12 -- Today's Free Analyst Review -- Jacobs Engineering Group Inc. (NYSE: JEC) and AECOM Technology Corporation (NYSE: ACM). Engineering firms continue to be one of the most consistent performers of 2012. Impressive revenues, stable dividends and strong backlogs suggest that this run could easily carry into 2013. Higher commodity costs, stiff competition and volatile currency market pose as obstacles but do not appear sufficient to derail the industry's momentum. Street-Wire.com posted free reports on Jacobs Engineering Group
and AECOM Technology
, which are available at
http://www.street-wire.com/ : ctt.marketwire.com/?release=959811&id=2334481&type=1& ..
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Jacobs Engineering Group demonstrates the above trends. At the end of the fourth quarter, its backlog was at $15.9 billion marking an 11.3% improvement over the prior year quarter. It also recently inked new deals with a subset of the U.S. Navy as well as an Estonian energy outfit. The two contracts are also reflective of its ability to thrive in the public and private sectors as well as the domestic and international spheres. Jacobs Engineering Group financial analysis available for free at
http://www.street-wire.com/JEC29112012.pdf : ctt.marketwire.com/?release=959811&id=2334487&type=1& ..
Similarly, AECOM Technology is on its way to complete a strong 2012. In its fourth quarter report released earlier this month, it announced a 3% increase to its backlog, which helped mitigate a minor drop to year-over-year revenues. Our financial analysis on AECOM Technology can be accessed at
http://www.street-wire.com/ACM29112012.pdf : ctt.marketwire.com/?release=959811&id=2334490&type=1& ..
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Anthony K. Merchant