Jabil Q1 Earnings Surpass Estimates, Revenues Decline Y/Y
Jabil(JBL) 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 ...