THIRD QUARTER FISCAL YEAR 2024 RESULTS June 20, 2024 Forward Looking Statement Forward Looking Statements: This presentation contains forward-looking statements, including those regarding our anticipated financial results for our third quarter of fiscal year 2024; our guidance for future financial performance in our fourth quarter of fiscal year 2024 (including, net revenue, segment revenue, U.S. GAAP operating income, U.S. GAAP diluted earnings per share, core operating income (Non-GAAP), net interest expe ...

Jabil (JBL) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.99 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.16%. A quarter ago, it was expected that this electronics manufacturer would post earnings of $1.65 per share when it actually produced earnings of $1.68, delivering a surprise of 1.82%.Over the last four quarters, the comp ...

Jabil Posts Third Quarter Results ST. PETERSBURG, Fla. – June 20, 2024 – Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its third quarter of fiscal year 2024. "It's clear that Jabil has navigated a period of significant transformation this fiscal year: a year in which we divested our Mobility business, captured growth in the AI datacenter space, and experienced softness across multiple end-markets," said CEO Mike Dastoor. "Despite these moving pieces, we remain on track ...

Jabil Inc. (JBL) is set to release third-quarter fiscal 2024 results on Jun 20, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 1.82%. It pulled off a trailing four-quarter earnings surprise of 4.02%, on average. The company’s top line is expected to be plagued by soft demand trends in multiple end markets. However, healthy traction in AI data center hardware, software-defined electric and hybrid vehicles, healthcare and packaging are tailwinds.Factors at ...

kr7ysztof/E+ via Getty ImagesJabil (NYSE:JBL) - the supposed "Best Kept Secret On Wall Street" according to yours truly - badly disappointed when Q2 earnings were released back on March 15. As a result, the stock dropped some 16% on the day. And despite a valiant attempt to regroup and rally, the stock closed Thursday at $121 and change (see chart below). That's down 23% from Jabil's "stock buyback" propelled 52-week high of $157. A month later CEO Kenneth Wilson was placed on paid leave "pending comple ...

Jabil (JBL) closed at $117.75 in the latest trading session, marking a +0.56% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.27% for the day. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.88%.Shares of the electronics manufacturer witnessed a loss of 0.64% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.82% and underperforming the S&P 500's gain of 2.85%.Analysts and investors alike wi ...

Jabil (JBL) closed at $115.97 in the latest trading session, marking a +1.54% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 1.19%. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq gained 1.96%.The electronics manufacturer's stock has dropped by 2.74% in the past month, falling short of the Computer and Technology sector's gain of 5.37% and the S&P 500's gain of 3.35%.The upcoming earnings release of Jabil will be of great interest to investors. The ...

Jabil Inc. (JBL) recently unveiled cutting-edge advancements in its cloud server portfolio to cater to the evolving demand for the financial service industry. The company’s portfolio offerings optimized for financial service applications include several models such as J322-S, J312-S and J311-S. The J322-S delivers precision time management and boast the capability to scale in terms of storage capacity and input/output operations. With these features, the server is designed to efficiently handle AI-GPU (Grap ...

Jabil (JBL) closed the latest trading day at $119.60, indicating a +0.68% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.7%. Meanwhile, the Dow gained 0.01%, and the Nasdaq, a tech-heavy index, added 1.1%.The electronics manufacturer's shares have seen an increase of 0.26% over the last month, not keeping up with the Computer and Technology sector's gain of 8.26% and the S&P 500's gain of 4.03%.Analysts and investors alike will be keeping a close eye on the performanc ...

Jabil Inc. (JBL) has reaffirmed its guidance for the third quarter of fiscal 2024. The company expects net revenues between $6.2 billion and $6.8 billion, with GAAP operating income ranging from $221 million to $301 million and GAAP earnings between 82 cents and $1.38 per share. The core operating income is projected to be between $325 million and $385 million, with core earnings in the range of $1.65 to $2.05 per share.Jabil has been experiencing a dynamic market environment in fiscal 2024, marked by the d ...