Two Publicly Traded Firms See Gains Despite Pandemic Challenges

LOS ANGELES and DALLAS (Feb. 8, 2021) — Despite tumultuous conditions and fluctuating markets in 2020 amid the pandemic, AECOM and Jacobs have both reported profits. AECOM recently reported 3.31 billion in revenue for its first fiscal quarter — a 2.4% rise over its previous year. The firm still expects its income to be flat in 2021 due to a backlog drop of 3.5% from the fourth quarter of 2020. Read the AECOM report here.

Meanwhile, Jacobs posted $3.38 billion in revenue for the first quarter of 2021. Perhaps more interestingly, Jacobs managed to record this profit while achieving its climate goals. This initiative was aided by making adaptations for safety during the coronavirus pandemic but also by updating fleet and rental car policy to a preference for hybrid and electric vehicles. Read the Jacobs report here.