The market expects Jabil (JBL) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended August 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Septe ...

Jabil (JBL) ended the recent trading session at $101.64, demonstrating a -1.01% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.45%. Meanwhile, the Dow lost 0.23%, and the Nasdaq, a tech-heavy index, added 0.84%.Coming into today, shares of the electronics manufacturer had gained 0.65% in the past month. In that same time, the Computer and Technology sector lost 0.98%, while the S&P 500 gained 2.54%.Market participants will be closely following the financial re ...

Sundry Photography This past earnings season was one for the books. While the S&P 500 EPS growth rate will clock in north of 10% for Q2, reactions to reports were historically volatile. According to Goldman Sachs, at 4.9%, the typical stock price swing post-earnings was the greatest since 2009. We saw that play out anecdotally in shares of Jabil Inc. (NYSE:JBL). The stock plunged 11.4% after its FQ Q3 update back on June 20. The company is an off-season reporter, and its Q4 earnings snapshot is unconfirmed ...

Jabil (JBL) closed at $107.14 in the latest trading session, marking a -1.35% move from the prior day. This change lagged the S&P 500's daily loss of 0.89%. At the same time, the Dow lost 0.44%, and the tech-heavy Nasdaq lost 1.67%.The electronics manufacturer's shares have seen a decrease of 2.2% over the last month, not keeping up with the Computer and Technology sector's gain of 1.17% and the S&P 500's gain of 2.17%.The investment community will be closely monitoring the performance of Jabil in its forth ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14063 or 1 JABIL INC. (Exact name of registrant as specified in its charter) Delaware 38-1886260 (State or other jurisdiction of inc ...

This contract electronics manufacturer has underperformed on the stock market in 2024, but there may be a chance of a turnaround.Contract electronics manufacturer Jabil (JBL -3.85%) has endured a tough time on the stock market so far this year, losing 11% of its value as of this writing, and the company's latest quarterly report hasn't helped boost investor confidence, either.Jabil released fiscal 2024 third-quarter results (for the three months ended May 31) on June 20. The stock rose initially thanks to i ...

Loading...Loading...Jabil Inc. JBL posted better-than-expected third-quarter results on Thursday.Jabil reported third-quarter fiscal 2024 revenue of $6.77 billion, down by 20.2% year-on-year, beating the analyst consensus estimate of $6.53 billion. The print manufacturing company’s adjusted EPS of $1.89 beat the analyst consensus of $1.85, according to data from Benzinga Pro."It's clear that Jabil has navigated a period of significant transformation this fiscal year: a year in which we divested our Mobility ...

Vladimir_Timofeev/iStock via Getty Images Investment Thesis Contract manufacturer, Jabil Inc. (NYSE:JBL), reported their Q3 FY24 earnings today. The company reported Q3 earnings that beat consensus estimates on the top and bottom lines. Heading into its Q3 earnings report, the bar had already been lowered for Jabil to outperform, as revisions to its Q3 estimates had been lowered per trends. The St. Petersburg, FL-headquartered company has been enduring a bumpy few months that saw the completion of their Mob ...

Jabil Inc. (NYSE:JBL) Q3 2024 Earnings Call Transcript June 20, 2024 8:30 AM ET Company Participants Adam Berry - VP of IR Greg Hebard - CFO Mike Dastoor - CEO Conference Call Participants Ruplu Bhattacharya - Bank of America Merrill Lynch Steven Fox - Fox Advisors George Wang - Barclays Matt Sheerin - Stifel Mark Delaney - Goldman Sachs Operator Greetings, and welcome to the Jabil Third Quarter of Fiscal Year 2024 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and ...

Jabil Inc. (JBL) reported relatively modest third-quarter fiscal 2024 results, with both the bottom and top line surpassing the Zacks Consensus Estimate. However, weakness in multiple end markets, including networking, storage, industrial & semi cap, retail, 5G wireless & cloud, led to a revenue contraction year over year. Growth in the auto & transportation end market partially cushioned the top line.Net IncomeNet income on a GAAP basis in the quarter was $129 million or $1.06 per share compared with $233 ...