Jacobs Solutions Inc. (NYSE:J) shares are trading lower after it reported second-quarter FY24 results. Revenue grew 4.7% Y/Y to $4.27 billion, beating the consensus of $3.98 billion. Adjusted EPS totaled $1.91, beating the consensus of $1.85. The backlog in the quarter under review was $29.4 billion, up 1.5% Y/Y. Gross profit in backlog was up 3.7% Y/Y. The company registered cash flow from operations of $376 million in the six months of FY24. The company bought back shares worth $95 million in the quarter. Jacobs’ CEO Bob Pragada said, “We continue to diligently execute on our commitments in relation to the ...