Jabil (JBL) Reiterates FY24 Guidance, Withdraws FY25 View

Jabil Inc. (JBL) has reaffirmed its guidance for the third quarter of fiscal 2024. The company expects net revenues between $6.2 billion and $6.8 billion, with GAAP operating income ranging from $221 million to $301 million and GAAP earnings between 82 cents and $1.38 per share. The core operating income is projected to be between $325 million and $385 million, with core earnings in the range of $1.65 to $2.05 per share.Jabil has been experiencing a dynamic market environment in fiscal 2024, marked by the d ...