Jacobs Engineering Group Inc. JEC reported fourth-quarter fiscal 2018 (ended Sep 28, 2018) results, wherein earnings surpassed the Zacks Consensus Estimate by 7.4% but revenues lagged the same by 2.5%.The company’s adjusted earnings in the reported quarter were $1.31 per share, increasing 34% from the year-ago figure of 98 cents. The upsurge was driven by accelerated CH2M cost savings along with strong operational execution.Segmental Performance Drives RevenuesIn the quarter under review, Jacobs’ revenues totaled $4,142.6 million, reflecting healthy growth of 56% from the year-ago quarter (up 7% on a pro-forma basis). The improvement was driven by healthy segmental businesses.Backlog at the end of fiscal 2018 was $27.3 billion, increasing 38% year over year.The company reports revenues in three segments — Aerospace, Technology, Environmental and Nuclear; Buildings, Infrastructure and Advanced Facilities; and Energy, Chemicals and Resources. The segmental information is briefly discussed below:Revenues from the Aerospace, Technology, Environmental and Nuclear segment were $1,299.1 million, increasing 100.3% year over year. It represented 31.4% of the total revenues in the reported quarter. Backlog at the end of the quarter was roughly $8.86 billion, up 39.3% year over year.Revenues from the Buildings, Infrastructure and Advanced Facilities segment totaled $1,687.6 million, increasing 67.6% year over year. It represented 40.7% of its revenues in the quarter under review. Backlog at the end of the quarter was roughly $11.38 billion, up 67.6% year over year.Revenues from the Energy, Chemicals and Resources segment totaled $1,155.9 million, increasing 15.8% year over year. It represented 27.9% of the reported quarterly revenues. Backlog at the end of the quarter was roughly $7.07 billion, up 6.4% year over year.Jacobs Engineering Group Inc. Price, Consensus and EPS Surprise Jacobs Engineering Group Inc. Price, Consensus and EPS Surprise | Jacobs Engineering Group Inc. QuoteMargins ProfileIn the quarter under review, Jacobs’ cost of contracts surged 53.8% year over year to $3,351.2 million. It represented 80.9% of revenues compared with 82.1% in the year-ago quarter. Adjusted gross margin increased 130 basis points (bps) year over year to 19.2%. Adjusted selling, general and administrative expenses flared up 56% year over year to $516 million. It represented 12.5% of revenues, flat year over year.Adjusted operating margin expanded 140 bps to 6.8% in the quarter.Balance Sheet and Cash FlowAt fiscal 2018-end, Jacobs’ cash and cash equivalents were $793.4 million, up from $774.2 million at the end of fiscal 2017. Long-term debt balance decreased to $2.15 billion from $2.35 billion at the end of fiscal 2017.Fiscal 2018 HighlightsAdjusted earnings came in at $4.47 per share, reflecting an increase of 38% year over year. Revenues were $15 billion during the fiscal year, increasing 49.5% from fiscal 2017.ECR SaleOn Oct 21, Jacobs agreed to offload its Energy, Chemicals and Resources (“ECR”) business unit to Australia’s WorleyParsons Ltd., as it intends to focus more on “highest-margin growth businesses”.The deal, which is expected to close in the first half of calendar 2019, is valued at $3.3 billion. Jacobs will receive $2.6 billion in cash and around $700 million worth of shares that equals to about 11% stake in WorleyParsons.Fiscal 2019 ViewBuoyed by stellar performance in fiscal 2018, Jacobs expects fiscal 2019 adjusted EBITDA between $920 million and $1 billion (excluding ECR).Zacks Rank & Other Stocks to ConsiderJacobs currently carries a Zacks Rank #2 (Buy).Other top-ranked stocks from the same industry include KBR, Inc. KBR, Dycom Industries, Inc. DY and EMCOR Group, Inc. EME, each carrying a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.KBR surpassed earnings estimates in three of the past four quarters, resulting in average positive surprise of 12.6%.Dycom has a three-five year expected EPS growth rate of 8.5%.EMCOR has an expected earnings growth rate of 20% for 2018.Will You Make a Fortune on the Shift to Electric Cars?Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.It's not the one you think.See This Ticker Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dycom Industries, Inc. (DY): Free Stock Analysis Report Jacobs Engineering Group Inc. (JEC): Free Stock Analysis Report EMCOR Group, Inc. (EME): Free Stock Analysis Report KBR, Inc. (KBR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research