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0.000296333926001156 0.000296333926001156 -0.000169333672000644 0.00131233595800526 0.00211667090000847 0.00355600711201424 0.00364067394801462 -0.000846668360003339
Stock impact report

Jabil (JBL) Reiterates FY24 Guidance, Withdraws FY25 View [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
billion, with GAAP operating income ranging from $221 million to $301 million and GAAP earnings between 82 cents and $1.38 per share. The core operating income is projected to be between $325 million and $385 million, with core earnings in the range of $1.65 to $2.05 per share. Jabil has been experiencing a dynamic market environment in fiscal 2024, marked by the divestiture of its Mobility business and plans to use most of the net proceeds for share repurchases. Although some end markets, such as renewables, 5G, semiconductor capital equipment and electric vehicles, have shown weakness, Jabil remains confident in achieving core margins of 5.6% and core earnings of $8.40 per share in fiscal 2024. The company also aims to generate more than $1 billion in adjusted free cash flow, underscoring the resilience of its business model despite lower volumes and revenue trajectory. However, due to uncertain market conditions and an unexpected CEO transition, Jabil has decided to withdraw it Show less Read more
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