Monday, November 5, 2007

JEC to the RESCUE .... part 2 ~ Jacobs Engineering Group Inc. (Public, NYSE:JEC)

Jacobs Engineering Group Inc (JEC) reports EARNINGS! ..... quarterly profit rose 42.9 percent and estimated 2008 growth above its target of 15 percent.
JEC REPORTS 68 cents per share !!!
(Analysts on average were expecting earnings of 65 cents, with a high of 70)

Chief Financial Officer John Prosser said the outlook for 2008 should continue "to track above our target 15 percent average growth." Full-year 2008 earnings should be in the range $2.70 to $3.10 per share, he said. Analysts currently expect $2.85.

The BOTD option pick from SATURDAY opened the day at $6.00 (did you pick some up?)....then ended at $7...hmmmm..... what will tomorrow hold for our global engineer?...see you in the AM.
p.s. CSCO is LOVE....option pick up 60%...who's still holding?
p.s.s. RIMM the RULAE hit new 52-high today ...option pick "RULAE!" hit $19! (BOTD sold a few shares up 120%)