Jabil Circuit JBL releases its next round of earnings Thursday. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.
Earnings and Revenue
Sell-side analysts expect Jabil Circuit's EPS to be near 62 cents per share on sales of $4.9 billion.
Jabil Circuit EPS in the same period a year ago totaled 48 cents. Revenue was $4.4 billion. The analyst consensus estimate would represent a 29.17 percent increase in the company's EPS figure. Revenue would be up 10.21 percent from the same quarter last year.
Jabil Circuit's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | 0.79 | 0.62 | 0.29 | 0.46 |
EPS Actual | 0.8 | 0.64 | 0.31 | 0.48 |
Stock Performance
Over the last 52-week period, shares are up 5.62 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Jabil Circuit stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Jabil Circuit's Q2 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://investors.jabil.com/events-and-presentations/upcoming-events
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.