Jabil Got Its Groove Back
Jabil's Q4 earnings beat expectations: revenue was $400 million above the midpoint of guidance. The stock jumped 11.7% but is still 20% below its all-time high. JBL has successfully diversified away from its legacy low-margin Apple business. Margins are improved and for FY2024 JBL generated more than $1 billion in free cash flow. Despite ongoing challenges in some of its operating segments, the Company's strong balance sheet and strategic restructuring position it well for future growth.
Circuit Board Maker Jabil Stock Soars on Strong Results, Buyback
Jabil (JBL) shares soared Thursday after the circuit board manufacturer posted better-than-expected results on artificial intelligence (AI) demand, authorized a stock buyback program, and launched a restructuring that includes job cuts.
Jabil Inc. (JBL) Q4 2024 Earnings Call Transcript
Jabil Inc. (NYSE:JBL ) Q4 2024 Earnings Conference Call September 26, 2024 8:30 AM ET Company Participants Adam Berry - Senior Vice President, Investor Relations & Communications Greg Hebard - Chief Financial Officer Steve Borges - Head, Regulated Industries Matt Crowley - Head, Intelligent Infrastructure Andy Priestley - Head, Connected Living & Digital Commerce Mike Dastoor - Chief Executive Officer Conference Call Participants Ruplu Bhattacharya - Bank of America George Wang - Barclays Steven Fox - Fox Advisors Melissa Fairbanks - Raymond James David Vogt - UBS Mark Delaney - Goldman Sachs Matt Sheerin - Stifel Samik Chatterjee - JPMorgan Chase & Company Adam Berry Good morning, and welcome to Jabil's Fourth Quarter and Fiscal Year 2024 Earnings Call. It's also our 7th Annual Virtual Investor Briefing.
Jabil Q4 Earnings Top Estimates Despite Weakness in Multiple Verticals
JBL reports a top-line decline year over year in fourth-quarter fiscal 2024, owing to soft demand in several end markets. Strong growth in free cash flow is a tailwind.
Jabil (JBL) Q4 Earnings and Revenues Surpass Estimates
Jabil (JBL) came out with quarterly earnings of $2.30 per share, beating the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $2.45 per share a year ago.
Jabil's stock rises on restructuring plan, earnings beat
Jabil Inc. to take up to $200 million in restructuring charges for a head-count reduction, with more details to come.
Jabil Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Jabil Inc. JBL will release earnings results for its fourth quarter, before the opening bell on Thursday, Sept. 26.
Will JBL Stock Gain From the Expansion of Photonics Capabilities?
Jabil announces expansion of its silicon photonics capabilities to support the rapidly evolving landscape of cloud and AI data centers.
Will Revenue Contraction Affect Jabil's Q4 Earnings Results?
JBL is expected to report a revenue decline year over year in the fourth quarter of fiscal 2024, owing to weakness in multiple verticals.
Earnings Preview: Jabil (JBL) Q4 Earnings Expected to Decline
Jabil (JBL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Jabil (JBL) Stock Sinks As Market Gains: Here's Why
Jabil (JBL) reachead $101.64 at the closing of the latest trading day, reflecting a -1.01% change compared to its last close.
Jabil: Positive EPS Growth Inflection Expected, Low P/E Today
Jabil Inc. experienced significant stock volatility post-earnings, plunging 11.4% after its Q3 update, despite topping EPS and revenue estimates. Jabil's valuation is attractive, trading at a 9.3 forward operating earnings multiple, nearly 50% below its long-term average, with the bullish sell-side sentiment. Key risks include EV market softness, global macro slowdown, and US-China tensions, but Jabil's diversified portfolio and weaker US Dollar offer potential tailwinds.
