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-0.00153356197942182 -0.00212232565735752 -0.000449126245304645 0.000244977951984331 0.000449126245304529 0.0075943165115139 0.0133823289237302 0.00277641678915567
Stock impact report

Jabil (JBL) Q2 Earnings Beat Estimates Despite Lower Revenues [Yahoo! Finance]

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: Yahoo! Finance
Jabil Inc. JBL reported mixed second-quarter fiscal 2024 results, with the bottom line beating the Zacks Consensus Estimate but the top line missing the same. The company reported a top-line contraction year over year, owing to soft demand trends in several end markets. Net Income Net income on a GAAP basis in the quarter was $927 million or $7.31 per share compared with $207 million or $1.52 per share in the prior-year quarter. Despite top line decline, gain from the divestiture of Mobility business supported the net income. Non-GAAP net income in the reported quarter was $213 million or $1.68 per share compared with $256 million or $1.88 per share in the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate of $1.65. Jabil, Inc. Price, Consensus and EPS Surprise Jabil, Inc. price-consensus-eps-surprise-chart | Jabil, Inc. Quote Revenues Net sales during the quarter decreased to $6.8 billion from $8.13 billion reported in the year-ago quarter. The Show less Read more
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