Will Revenue Decline Impact Jabil's (JBL) Q2 Earnings?

Jabil Inc. (JBL) is scheduled to report second-quarter fiscal 2024 results on Mar 15, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 2.36%. It pulled off a trailing four-quarter earnings surprise of 4.11%, on average.The leading global supplier of electronic manufacturing services is likely to record a top-line contraction year over year in the second quarter of fiscal 2024. Weakness in several end markets, macroeconomic challenges and inventory adjustme ...