Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Jabil is benefiting from healthy demand in multiple end markets, solid growth in free cash flow, AI integration.
Shares of contract electronics manufacturer Jabil (JBL -0.41%) have been in fine form over the last few months thanks to its solid quarterly results, and the good news is that the company looks set to enter the new year with momentum on its side following its latest report.
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I upgraded JBL to a buy rating, driven by anticipated growth acceleration from AI revenue and strong 1Q25 performance. JBL's 1Q25 revenue was $6.99 billion, surpassing consensus estimates, with AI and Cloud segments showing significant growth. Management's FY25 guidance appears conservative, given AI demand momentum and improving US macro environment.
CNBC's Jim Cramer explains why he is keeping an eye on shares of Jabil Inc.
Jabil NYSE: JBL continues to face headwinds, but its fiscal Q1 2025 report proves that the bottom is in for this business, and the outlook is bright. The report includes a top-line contraction but outperformance on the top and bottom lines compounded by improving guidance to an above-consensus level.
This Wednesday was eventful for investors in Jabil (JBL 7.26%). Following a strong earnings report, the electronics design and manufacturing veteran's shares opened the morning session 12% higher.
Jabil Inc. (NYSE:JBL ) Q1 2025 Earnings Conference Call December 18, 2024 8:30 AM ET Company Participants Adam Berry - Senior Vice President, Investor Relations and Communications Greg Hebard - Chief Financial Officer Mike Dastoor - Chief Executive Officer Conference Call Participants Ruplu Bhattacharya - Bank of America Matthew Sheerin - Stifel Steven Fox - Fox Advisors Mark Delaney - Goldman Sachs George Wang - Barclays Melissa Fairbanks - Raymond James Manmohanpreet Singh - JPMorgan David Vogt - UBS Operator Greetings and welcome to the Jabil First Quarter Fiscal Year 2025 Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode.
JBL's top line is affected by weakness in the Regulated Industries segment. Growth in Cloud, Data Center and Digital Commerce cushioned the top line.
Jabil (JBL) shares jumped about 9% Wednesday after the manufacturer of circuit boards posted better-than-expected results and boosted its guidance after announcing a restructuring plan earlier this year.