Jabil Guides Q3 In Line With Estimates; Q2 Results Top Estimates

RTTNews | vor 776 Tagen
Stocktwits
Jabil Guides Q3 In Line With Estimates; Q2 Results Top Estimates

(RTTNews) - While reporting preliminary, unaudited financial results for its second quarter on Thursday, Jabil Inc. (JBL) said it expects third-quarter earnings in a range of $1.50 to $1.90 per share and core earnings in a range of $1.70 to $2.10 per share on net revenues between $7.9 billion and $8.5 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.88 per share on revenues of $8.14 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, the company now projects revenues of about $34.5 billion, while analysts expect revenues of $34.51 billion for the year.

For the second quarter, the company reported net income of $207 million or $1.52 per share, compared to $222 million or $1.51 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter was $1.88 per share, compared to $1.68 per share in the year-ago quarter.

Net revenue for the quarter increased to $8.13 billion from $7.55 billion in the same quarter last year.

The Street was looking for earnings of $1.85 per share on revenues of $8.09 billion for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: JBL
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Jabil Again Boosts FY22 Outlook - Update

Jabil Again Boosts FY22 Outlook - Update

While reporting preliminary, unaudited financial results for the third quarter on Thursday, Jabil Inc. (JBL) raised its core earnings and revenue guidance for the full-year 2022, based on solid demand in key areas of its business. The company also provided financial outlook for the fourth quarter.
RTTNews | vor 1049 Tagen
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese market is trading slightly higher on Thursday, extending the gains in the previous five sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 36,100 level, with a mixed performance across most sectors as traders remain cautious ahead of the Bank of Japan's latest monetary policy decision.
RTTNews | vor 38 Minuten
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday, snapping a five-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,100 level, with slight weakness across most sectors led by mining and energy stocks. Some gold stocks were gaining.
RTTNews | vor 1Std 17 Minuten
Little Movement Seen For Japan Stock Market

Little Movement Seen For Japan Stock Market

The Japanese stock market has finished higher in five straight sessions, rallying almost 1,850 points or 5 percent along the way. The Nikkei 225 now sits just beneath the 36,050-point plateau and it's likely to hold steady in that neighborhood again on Thursday.
RTTNews | vor 3Std 10 Minuten
Japan Rate Decision On Tap For Thursday

Japan Rate Decision On Tap For Thursday

The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to leave its benchmark lending rate unchanged at 0.50 percent.
RTTNews | vor 4Std 10 Minuten
Pound Falls Against Most Majors

Pound Falls Against Most Majors

The pound weakened against its most major counterparts in the New York session on Wednesday.
RTTNews | vor 7Std 25 Minuten
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