A Tale of Two Backlogs: Jacobs Engineering's Backlog Down, While Fluor Sets New Quarterly Record
SUGAR LAND--July 28, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering and construction services firms Fluor Corporation (NYSE:FLR) (Irving, Texas) and Jacobs Engineering Group (NYSE:JEC) (Pasadena, California) recently reported quarterly results. Earnings for Fluor's second quarter (ended June 30) and Jacobs' third quarter (ended July 2) were both down from the same period of the previous year, although the companies' backlog activities for the quarter differed significantly.