JP Morgan Maintains Overweight Rating for JEC

Analysts at J.P. Morgan reiterated their Overweight rating for shares of Jacobs Engineering (JEC) after the company's earnings report exceeded Street estimates. In its conference call, scheduled for 11am EST, JP Morgan expects JEC to highlight the "moderating bookings pace in the quarter as well as the traditional run-down of end markets." Jacobs Engineering Group Inc. provides professional, technical, and construction services. Its principal services comprise various aspects of engineering and construction, operations, and maintenance, as well as scientific and specialty consulting services.