Jabil (JBL) came out with quarterly earnings of $2.30 per share, beating the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $2.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.14%. A quarter ago, it was expected that this electronics manufacturer would post earnings of $1.85 per share when it actually produced earnings of $1.89, delivering a surprise of 2.16%.Over the last four quarters, the comp ...

Financial Performance - Jabil reported net revenue of $7.0 billion for Q4 FY24, with U.S. GAAP operating income of $318 million and core operating income (Non-GAAP) of $401 million[3] - For FY24, Jabil achieved net revenue of $28.9 billion, U.S. GAAP operating income of $2.0 billion, and core diluted earnings per share (Non-GAAP) of $8.49[4] - Net revenue for the fiscal year ended August 31, 2024, was $28.883 billion, compared to $34.702 billion in the previous year[18] - Gross profit for the fiscal year ended August 31, 2024, was $2.676 billion, down from $2.867 billion in the previous year[18] - Operating income for the fiscal year ended August 31, 2024, was $2.013 billion, up from $1.537 billion in the previous year[18] - Net income attributable to Jabil Inc. for the fiscal year ended August 31, 2024, was $1.388 billion, compared to $818 million in the previous year[18] - Diluted earnings per share for the fiscal year ended August 31, 2024, was $11.17, up from $6.02 in the previous year[18] - Core operating income (Non-GAAP) for the fiscal year ended August 31, 2024, was $1.588 billion, down from $1.733 billion in the previous year[22] - Core earnings (Non-GAAP) for the fiscal year ended August 31, 2024, was $1.056 billion, compared to $1.172 billion in the previous year[22] - Diluted core earnings per share (Non-GAAP) for the fiscal year ended August 31, 2024, was $8.49, down from $8.63 in the previous year[22] Cash Flow and Shareholder Returns - Jabil generated over $1 billion in adjusted free cash flow in FY24 and returned $2.5 billion to shareholders via buybacks[2] - The company authorized a new $1 billion share repurchase program[8] - Net cash provided by operating activities for the fiscal year ended August 31, 2024, was $1.716 billion, slightly down from $1.734 billion in the previous year[20] - Adjusted free cash flow for the fiscal year ended August 31, 2024, was $1.055 billion, compared to $1.026 billion in the previous year[24] Financial Position - The company's cash and cash equivalents increased to $2.201 billion as of August 31, 2024, compared to $1.804 billion in the previous year[16] - Jabil's retained earnings grew to $5.760 billion in FY24, up from $4.412 billion in FY23[16] Future Outlook - Jabil expects Q1 FY25 net revenue to range between $6.3 billion and $6.9 billion, with core diluted earnings per share (Non-GAAP) between $1.65 and $2.05[5][6] - For FY25, Jabil forecasts net revenue of $27.0 billion, core operating margin (Non-GAAP) of 5.4%, and adjusted free cash flow (Non-GAAP) of $1.2 billion[7]

Jabil Inc. JBL will release earnings results for its fourth quarter, before the opening bell on Thursday, Sept. 26.Analysts expect the Saint Petersburg, Florida-based company to report quarterly earnings at $2.22 per share, down from $2.45 per share in the year-ago period. Jabil is projected to post quarterly revenue of $6.59 billion, down from $8.46 billion a year earlier, according to data from Benzinga Pro.On Sept. 23, Jabil said it expanded silicon photonics capabilities to enable next-generation AI and ...

Jabil Inc. (JBL) recently announced a significant expansion of the production capabilities of its silicon photonics-based products in Ottawa, Canada, to support the escalating demands from hyperscalers and cloud and AI data centers. The company plans to introduce the additional capabilities at the end of fiscal 2024, focusing on advanced photonics packaging for new product introductions (NPIs).The NPI line will likely incorporate cutting-edge technologies to facilitate faster transitions from proof of conce ...

Jabil Inc. (JBL) is set to release fourth-quarter fiscal 2024 results on Sept. 26, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 2.16%. It pulled off a trailing four-quarter earnings surprise of 3.10%, on average.The leading global supplier of electronic manufacturing services is likely to witness a revenue contraction year over year in the fourth quarter of fiscal 2024. Soft demand trends in some end markets and macroeconomic challenges are likely to i ...

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 ...

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