20.06.2024 13:54:25 - dpa-AFX: Jabil Inc. Q3 Profit Decreases, But Beats Estimates

WASHINGTON (dpa-AFX) - Jabil Inc. (JBL) announced a profit for third quarter
that decreased from last year but beat the Street estimates.

The company's bottom line totaled $129 million, or $1.06 per share. This
compares with $233 million, or $1.72 per share, in last year's third quarter.

Excluding items, Jabil Inc. reported adjusted earnings of $1.89 per share for
the period.

Analysts on average had expected the company to earn $1.85 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 20.2% to $6.77 billion from $8.48
billion last year.

Jabil Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $129 Mln. vs. $233 Mln. last year.
-EPS (Q3): $1.06 vs. $1.72 last year.
-Revenue (Q3): $6.77 Bln vs. $8.48 Bln last year.

-Guidance:
Next quarter EPS guidance: $2.03 - $2.43
Next quarter revenue guidance: $6.3 - $6.9 Bln
Full year EPS guidance: $8.40
Full year revenue guidance: $28.5 Bln


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
JABIL DL-,001 886423 Frankfurt 101,000 28.06.24 12:17:14 -2,750 -2,65% 0,000 0,000 100,050 103,750

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH