Jabil(JBL)

Search documents
Jabil Q1 Earnings Surpass Estimates, Revenues Decline Y/Y
ZACKS· 2024-12-18 16:56
Jabil, Inc. (JBL) reported healthy first-quarter fiscal 2025 results, with both the bottom and top lines surpassing the Zacks Consensus Estimate. However, the company reported a top-line contraction year over year, owing to weakness in some verticals.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Healthy traction in the data center infrastructure, cloud and digital commerce end markets is a tailwind.Net IncomeNet income on a GAAP basis in the quarter was $100 million or 88 cents pe ...
Jabil Stock Soars on Circuit Board Maker's Q1 Results, Raised Outlook
Investopedia· 2024-12-18 16:45
Key TakeawaysJabil exceeded profit and sales estimates in the first quarter since announcing a restructuring.The company credits the results on increased end-markets demand for its cloud, data center infrastructure, and digital commerce products. Jabil raised its full-year earnings and revenue guidance. Jabil (JBL) shares jumped about 9% Wednesday after the manufacturer of circuit boards posted better-than-expected results and boosted its guidance after announcing a restructuring plan earlier this year. Th ...
Jabil (JBL) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2024-12-18 15:00
Jabil (JBL) came out with quarterly earnings of $2 per share, beating the Zacks Consensus Estimate of $1.87 per share. This compares to earnings of $2.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.95%. A quarter ago, it was expected that this electronics manufacturer would post earnings of $2.23 per share when it actually produced earnings of $2.30, delivering a surprise of 3.14%.Over the last four quarters, the company ...
Jabil(JBL) - 2025 Q1 - Quarterly Results
2024-12-18 12:47
Financial Performance - Net revenue for the first quarter of fiscal year 2025 was $7.0 billion, a decrease from $8.4 billion in the same period last year[3]. - U.S. GAAP operating income was reported at $197 million, down from $303 million year-over-year[20]. - The company reported a net income of $100 million for the first quarter, down from $194 million year-over-year[20]. - Net income for the three months ended November 30, 2024, was $100 million, a decrease of 48.5% compared to $194 million for the same period in 2023[22]. - Core operating income (Non-GAAP) decreased to $347 million, down 30.4% from $499 million year-over-year[23]. - Diluted earnings per share (U.S. GAAP) decreased to $0.88, down 40.1% from $1.47 in the previous year[23]. Earnings and Cash Flow - Core diluted earnings per share (Non-GAAP) reached $2.00, compared to $1.47 in the previous year[3][20]. - Adjusted free cash flow generation is expected to be robust at $1.2 billion for the fiscal year[3][7]. - Adjusted free cash flow (Non-GAAP) increased to $226 million, compared to $173 million for the same period last year, representing a 30.6% increase[25]. - Net cash provided by operating activities was $312 million, down 30.3% from $448 million in the prior year[25]. Outlook and Projections - The company anticipates approximately $27.3 billion in net revenue for fiscal year 2025, with core operating margins of 5.4%[3][7]. - Second quarter fiscal year 2025 outlook for net revenue is projected between $6.1 billion and $6.7 billion[5]. - Core diluted earnings per share for the second quarter is expected to range from $1.60 to $2.00[5]. Assets and Liabilities - Total current assets increased to $13.228 billion from $12.791 billion as of August 31, 2024[18]. - Total liabilities rose to $16.178 billion from $15.614 billion[18]. Cash Management - Total cash and cash equivalents at the end of the period were $2,058 million, an increase from $1,550 million at the end of the same period last year[22]. - The company experienced a net decrease in cash and cash equivalents of $143 million, compared to a decrease of $254 million in the prior year[22]. - The company reported a net cash used in investing activities of $136 million, compared to $75 million in the same period last year[22]. - Cash paid for business and intangible asset acquisitions was $63 million, slightly up from $59 million year-over-year[22]. Restructuring Charges - The company incurred restructuring and related charges of $83 million during the quarter, down from $127 million in the same period last year[23].
Jabil Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2024-12-17 07:19
Jabil Inc. JBL will release its first-quarter financial results, before the opening bell, on Wednesday, Dec. 18.Analysts expect the Saint Petersburg, Florida-based retailer to report quarterly earnings at $1.88 per share, down from $2.60 per share in the year-ago period. Jabil projects quarterly revenue of $6.61 billion, compared to $8.39 billion a year earlier, according to data from Benzinga Pro.On Sept. 26, Jabil reported fourth-quarter revenue of $6.96 billion, down by 17.7% year-on-year, beating the an ...
Jabil Set to Report Q1 Earnings: Will Revenue Decline Impact Earnings?
ZACKS· 2024-12-16 17:40
Jabil Inc. (JBL) is set to release first-quarter fiscal 2025 results on Dec. 18, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 3.14%. It pulled off a trailing four-quarter earnings surprise of 2.37%, on average.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The leading global supplier of electronic manufacturing services is likely to have witnessed a revenue contraction year over year in the first quarter of fiscal 2025. Soft d ...
Expanding Margins And New Growth Areas Make Jabil Appealing For The Next Decade
Seeking Alpha· 2024-12-15 07:51
The electronics manufacturing space is at an interesting juncture, with enormous focus on developing advanced technologies in AI, and building the future of technology, there is a massive opportunity out there for companies with the right strategy. Jabil (Gordon is a freelance investment writer from Glasgow, Scotland. With a Masters Degree in Civil Engineering, he also works in Asset Management, and runs a financial education company called Oak Investing with a wide following across 40 countries. With a pas ...
Jabil (JBL) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-12-03 00:16
In the latest trading session, Jabil (JBL) closed at $135.19, marking a -0.47% move from the previous day. This change lagged the S&P 500's daily gain of 0.25%. Meanwhile, the Dow lost 0.29%, and the Nasdaq, a techheavy index, added 0.97%. Heading into today, shares of the electronics manufacturer had gained 6.39% over the past month, outpacing the Computer and Technology sector's gain of 0.06% and the S&P 500's gain of 3.51% in that time. The investment community will be closely monitoring the performance ...
Jabil (JBL) Advances But Underperforms Market: Key Facts
ZACKS· 2024-11-19 00:16
In the latest market close, Jabil (JBL) reached $128.29, with a +0.02% movement compared to the previous day. This change lagged the S&P 500's 0.39% gain on the day. Elsewhere, the Dow saw a downswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.6%.Heading into today, shares of the electronics manufacturer had gained 1.55% over the past month, outpacing the Computer and Technology sector's gain of 0.59% and the S&P 500's gain of 1.06% in that time.Investors will be eagerly watching for the perform ...
Will Jabil's JV for AI-Driven Supply Chain Management Aid the Stock?
ZACKS· 2024-11-13 16:40
Jabil Inc. (JBL) recently launched ID8 Global, a joint venture with Cyferd Inc., a pioneer in AI and data technologies. This collaborative endeavor intends to provide a cutting-edge, generative AI-driven software platform capable of autonomously transforming supply chain and procurement management globally.Digging Deep Into JBL- Cyferd DealBy combining Jabil’s extensive expertise in global supply chain operations with Cyferd’s advanced AI capabilities, particularly its proprietary self-learning AI engine Ne ...