THIRD QUARTER FISCAL YEAR 2025 Financial Results PUBLIC | ©Jabil Inc. 2025. All Rights Reserved. 1 Third Quarter FY 2025 Income Highlights | | | Three Months Ended | | --- | --- | --- | | | May 31, | May 31, | | (In millions, except for per share data) | 2025 | 2024 | | Net revenue | $7,828 | $6,765 | | U.S. GAAP operating income | $403 | $261 | | U.S. GAAP net income | $222 | $129 | | U.S. GAAP diluted earnings per share | $2.03 | $1.06 | | Core operating income (non-GAAP)1 | $420 | $350 | | Core earnings ...

Financial Performance - Net revenue for the third quarter of fiscal year 2025 was $7.8 billion, an increase from $6.765 billion in the same period last year, representing a growth of approximately 15.0%[5] - U.S. GAAP operating income for the third quarter was $403 million, compared to $261 million in the prior year, reflecting a year-over-year increase of approximately 54.3%[16] - Core diluted earnings per share (Non-GAAP) for the third quarter were $2.55, up from $1.06 in the same quarter last year, indicating a significant increase of approximately 140.5%[5] - Jabil reported a gross profit of $681 million for the third quarter, compared to $608 million in the same quarter last year, marking an increase of approximately 12.0%[16] - Net income for the nine months ended May 31, 2025, was $439 million, a decrease from $1,250 million in the same period of 2024[19] - Operating income for the nine months ended May 31, 2025, was $845 million, down from $1,695 million in the prior year[21] - Diluted earnings per share (U.S. GAAP) for the nine months ended May 31, 2025, was $3.94, compared to $9.86 in the prior year[21] - Core earnings (Non-GAAP) for the nine months ended May 31, 2025, were $722 million, compared to $786 million in the same period of 2024[21] Future Projections - The company expects fourth quarter net revenue to be between $7.1 billion and $7.8 billion, with core diluted earnings per share projected to be between $2.64 and $3.04[3] - For fiscal year 2025, Jabil anticipates net revenue of $29 billion and a core operating margin (Non-GAAP) of 5.4%[4] Cash Flow and Assets - Adjusted free cash flow for fiscal year 2025 is expected to exceed $1.2 billion, indicating strong cash generation capabilities[4] - Adjusted free cash flow for the nine months ended May 31, 2025, was $813 million, compared to $636 million for the same period in 2024[23] - Cash flows provided by operating activities for the nine months ended May 31, 2025, totaled $1,052 million, a decrease from $1,181 million in 2024[19] - Total cash and cash equivalents at the end of the period were $1,523 million, down from $2,457 million at the end of the same period in 2024[19] - The company incurred $393 million in cash paid for business and intangible asset acquisitions during the nine months ended May 31, 2025[19] - The company’s net cash used in financing activities for the nine months ended May 31, 2025, was $1,165 million, down from $1,989 million in 2024[19] Growth Segments and Strategy - The Intelligent Infrastructure segment is identified as a critical growth engine, driven by increasing demand for AI technologies[2] - The company is focused on enhancing core margins and optimizing cash flow, with plans for share repurchases and targeted investments in higher-margin opportunities[2] Total Assets - Total assets increased to $18.587 billion as of May 31, 2025, up from $17.351 billion at the end of the previous fiscal year, reflecting a growth of approximately 7.1%[15] Divestitures - The company recorded a pre-tax gain of $54 million from the divestiture of businesses during the three months ended May 31, 2025[21]

Core Viewpoint - Jabil Inc. (JBL) is expected to report year-over-year revenue growth in Q3 FY25, driven by strong demand in various sectors, including cloud and data center infrastructure, capital equipment, and digital commerce [2][11] Group 1: Financial Performance - Jabil is set to release its third-quarter fiscal 2025 results on June 17, with a consensus revenue estimate of $6.98 billion, indicating an increase from $6.77 billion in the same quarter last year [7] - The consensus estimate for earnings is $2.28, up from $1.89 reported in the prior-year quarter [7] - The company achieved an earnings surprise of 7.18% in the last reported quarter and has a trailing four-quarter earnings surprise average of 4.86% [1] Group 2: Strategic Initiatives - Jabil formed a strategic collaboration with AVL to enhance its capabilities in developing next-generation vehicle technology, which is expected to improve its commercial prospects in the automotive and transportation industry [3] - The company expanded its photonics product portfolio by launching new transceivers capable of transferring data at speeds of up to 1.6 Terabits per second, targeting the demands of AI/machine learning workloads and high-performance computing [4] - Jabil's Badger Technologies division introduced the Digital Teammate solution platform, utilizing AI and robotics to enhance employee productivity and inventory management [5] Group 3: Segment Performance - The Zacks Consensus Estimate for the Regulated Industries segment is $2.98 billion, while revenues from the Intelligent Infrastructure segment are estimated at $2.79 billion, and net sales from Connected Living and Digital Commerce are projected to reach $1.19 billion [6]

Earnings Report - Jabil Inc. is set to release its third-quarter earnings results on June 17, with analysts expecting earnings of $2.30 per share, an increase from $1.89 per share in the same period last year [1] - The company projects quarterly revenue of $7.03 billion, compared to $6.76 billion a year earlier [1] Dividend Information - Jabil has signed a memorandum of understanding with AVL Software and Functions GmbH, which may attract investor interest in its dividends [2] - The current annual dividend yield is 0.18%, translating to a quarterly dividend of $0.08 per share, or $0.32 annually [2] - To generate $500 monthly from dividends, an investment of approximately $3,297,000 or around 18,750 shares is required [3] - For a more modest income of $100 per month, an investment of $659,400 or about 3,750 shares is needed [3] Dividend Yield Dynamics - Dividend yield can fluctuate based on changes in the stock price and dividend payments [4][5] - For example, if a stock's price increases, the dividend yield decreases, and vice versa [5] - Changes in dividend payments also affect yield; an increase in dividends raises the yield if the stock price remains constant [6] Stock Performance - Jabil's shares fell by 1.8%, closing at $175.84 on the previous Friday [6]

Company Performance - Jabil (JBL) closed at $175.84, reflecting a -1.81% change from the previous day, underperforming compared to the S&P 500's daily loss of 1.13% [1] - The stock has increased by 7.54% over the past month, outperforming the Computer and Technology sector's gain of 7.36% and the S&P 500's gain of 3.55% [1] Upcoming Earnings - Jabil's earnings report is scheduled for June 17, 2025, with an expected EPS of $2.28, representing a 20.63% increase from the prior-year quarter [2] - The consensus estimate anticipates revenue of $6.98 billion, indicating a 3.18% increase from the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates project earnings of $8.93 per share and revenue of $27.82 billion for the entire year, reflecting changes of +5.18% and -3.68% respectively compared to the previous year [3] - Recent changes to analyst estimates for Jabil may indicate shifting near-term business trends, with positive alterations suggesting analyst optimism [3] Valuation Metrics - Jabil has a Forward P/E ratio of 20.05, which is higher than the industry average Forward P/E of 19.66 [6] - The company has a PEG ratio of 1.6, compared to the Electronics - Manufacturing Services industry's average PEG ratio of 1.37 [7] Industry Context - The Electronics - Manufacturing Services industry ranks in the bottom 17% of all industries, with a Zacks Industry Rank of 206 [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Group 1 - Jabil Inc. is set to release its third-quarter earnings results on June 17, with analysts expecting earnings of $2.30 per share, an increase from $1.89 per share in the same period last year [1] - The company is projected to report quarterly revenue of $7.03 billion, compared to $6.76 billion a year earlier [1] - Jabil signed a memorandum of understanding with AVL Software and Functions GmbH, which is expected to enhance its capabilities in the e-drive and software sector [2] Group 2 - Goldman Sachs analyst Mark Delaney maintained a Buy rating and raised the price target from $165 to $188 [5] - Barclays analyst George Wang maintained an Overweight rating and increased the price target from $184 to $206 [5] - JP Morgan analyst Samik Chatterjee maintained an Overweight rating but reduced the price target from $175 to $154 [5] - UBS analyst David Vogt maintained a Neutral rating and raised the price target from $152 to $157 [5] - Stifel analyst Matthew Sheerin reiterated a Buy rating and increased the price target from $150 to $160 [5]

Group 1 - Jabil Inc. is expected to announce Q3 FY'25 results on June 17, 2025, with earnings projected at approximately $2.30 per share, a 20% increase year-over-year, and revenues around $7 billion, reflecting a 4% year-over-year growth [2] - The company is benefiting from strong performance in capital equipment, cloud and data center infrastructure, and digital commerce end-markets, with AI-related revenue projected to reach $7.5 billion for FY 2025, representing a 40% increase [2] - Jabil currently holds a market capitalization of $20 billion, with recorded revenue of $27 billion over the past twelve months, yielding an operating profit of $1.3 billion and net income of $484 million [2] Group 2 - Historical data indicates that Jabil has had 20 earnings data points over the past five years, with 14 positive one-day returns, resulting in a 70% positive return rate, which drops to 58% when considering the last three years [4] - The median of the 14 positive returns is 5.7%, while the median of the 6 negative returns is -8.0% [4] - There is a strategy to assess the correlation between short-term and medium-term post-earnings returns, which can guide trading decisions based on favorable one-day returns [3]

Jabil (JBL) ended the recent trading session at $171.97, demonstrating a -0.59% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.01%. Meanwhile, the Dow experienced a drop of 0.22%, and the technology-dominated Nasdaq saw an increase of 0.32%.Heading into today, shares of the electronics manufacturer had gained 15.1% over the past month, outpacing the Computer and Technology sector's gain of 7.95% and the S&P 500's gain of 5.2% in that time.The u ...

Company Performance - Jabil (JBL) closed at $167.51, reflecting a +0.04% change from the previous trading day's close, outperforming the S&P 500's daily loss of 0.39% [1] - Over the past month, Jabil's shares gained 29.05%, surpassing the Computer and Technology sector's gain of 19.26% and the S&P 500's gain of 13.07% [1] Earnings Expectations - The upcoming earnings report for Jabil is expected to show an EPS of $2.28, a 20.63% increase compared to the same quarter last year, with revenue anticipated at $6.98 billion, a 3.18% increase year-over-year [2] - Full-year Zacks Consensus Estimates predict earnings of $8.93 per share and revenue of $27.82 billion, indicating year-over-year changes of +5.18% for earnings and -3.68% for revenue [3] Analyst Sentiment - Recent changes to analyst estimates for Jabil are important, as positive revisions indicate optimism about the company's business and profitability [3][4] - Jabil currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining steady over the past month [5] Valuation Metrics - Jabil is trading at a Forward P/E ratio of 18.75, which is a discount compared to the industry average Forward P/E of 18.98 [6] - The company has a PEG ratio of 1.5, while the average PEG ratio for Electronics - Manufacturing Services stocks is 1.27 [7] Industry Context - The Electronics - Manufacturing Services industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 174, placing it in the bottom 30% of all industries [8]

Company Performance - Jabil's stock closed at $166.86, showing a slight decline of -0.09% from the previous trading session, while the S&P 500 gained 0.1% [1] - Over the past month, Jabil's stock has increased by 23.25%, outperforming the Computer and Technology sector's gain of 14.29% and the S&P 500's gain of 9.86% [1] Earnings Projections - The upcoming earnings disclosure is projected to show earnings per share (EPS) of $2.28, reflecting a 20.63% increase from the same quarter last year [2] - Revenue is anticipated to be $6.98 billion, indicating a 3.18% increase from the same quarter last year [2] - For the full year, earnings are expected to be $8.93 per share and revenue of $27.82 billion, marking changes of +5.18% and -3.68% respectively from last year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Jabil indicate a favorable outlook on the company's business health and profitability [4] - The Zacks Rank system, which evaluates estimate changes, currently ranks Jabil at 3 (Hold), with a recent downward shift of 0.55% in the EPS estimate [6] Valuation Metrics - Jabil's Forward P/E ratio is 18.7, which is a discount compared to the industry's average Forward P/E of 18.99 [7] - The company has a PEG ratio of 1.49, compared to the Electronics - Manufacturing Services industry's average PEG ratio of 1.29 [8] Industry Context - The Electronics - Manufacturing Services industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 44, placing it in the top 18% of over 250 industries [9]