Jabil Inc <JBL.N> expected to post earnings of $1.88 a share - Earnings Preview
Jabil Inc JBL.N, JBL is expected to show a fall in quarterly revenue when it reports results on December 18 for the period ending November 30 2024
The Saint Petersburg Florida-based company is expected to report a 21.2% decrease in revenue to $6.608 billion from $8.39 billion a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on September 26 2024, for the period ended November 30, was for revenue between $6.30 billion and $6.90 billion.
LSEG's mean analyst estimate for Jabil Inc is for earnings of $1.88 per share. The company's EPS guidance on September 26 2024, for the period ended November 30, was between $1.65 and $2.05
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.
Wall Street's median 12-month price target for Jabil Inc is $150.00, above its last closing price of $135.13.
The company's guidance on September 26 2024 for the period ended November 30 was for Earnings before Interest and Taxes between USD304 million and USD364 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Aug. 31 2024 | 2.22 | 2.22 | 2.30 | Beat | 3.6 |
May. 31 2024 | 1.86 | 1.85 | 1.89 | Beat | 2.1 |
Feb. 29 2024 | 1.66 | 1.66 | 1.68 | Beat | 1.4 |
Nov. 30 2023 | 2.57 | 2.58 | 2.60 | Beat | 0.9 |
Aug. 31 2023 | 2.32 | 2.32 | 2.45 | Beat | 5.7 |
May. 31 2023 | 1.88 | 1.87 | 1.99 | Beat | 6.2 |
Feb. 28 2023 | 1.84 | 1.85 | 1.88 | Beat | 1.9 |
Nov. 30 2022 | 2.24 | 2.24 | 2.31 | Beat | 3.3 |
This summary was machine generated December 16 at 13:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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