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Stock impact report

Jabil Poised For Significant Growth In 2024 (Technical Analysis) [Seeking Alpha]

Jabil Inc. (JBL) 
Last jabil inc. earnings: 3/13 08:00 am Check Earnings Report
US:NYSE Investor Relations: jabil.gcs-web.com/investor-relations
Company Research Source: Seeking Alpha
The company's diverse business model, including healthcare, semiconductor equipment, and AI-driven data centers, allows it to remain prominent in the market. Jabil's agreement with BYD Electronics boosts its presence in electric vehicles and sustainable energy sectors, suggesting long-term growth potential. The stock price has formed a bullish foundation and broken the bullish pennant, looking for a substantial price increase. Jabil Inc. ( NYSE: JBL ) presents a slight decrease in net revenue for Q1 2024 and the significant reason for this decline is softer demand. However, the company showed a year-over-year increase in core earnings per share. The company is set to announce Q2 2024 earnings in March with expectations of decrease in revenue and earnings per share. However, the diverse business model including healthcare, semiconductor equipment, and AI-driven data centers allows Jabil to remain prominent in the market. Moreover, the agreement with BYD Electronics boosts the co Show less Read more
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