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Shares of Jabil (NYSE:JBL) rose 7% in pre-market trading after the company reported Q1 results.
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Quarterly Results
Earnings per share increased 52.38% over the past year to $1.60, which beat the estimate of $1.27.
Revenue of $7,833,000,000 rose by 4.36% year over year, which beat the estimate of $7,030,000,000.
Looking Ahead
Jabil said it expects Q2 adjusted EPS of $0.83 to $1.03 and sales of $6.2 billion to $6.8 billion.
Conference Call Details
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Date: Dec 17, 2020
Time: 08:30 AM
ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/jbl/mediaframe/42408/indexl.html
Technicals
52-week high: $44.20
Company's 52-week low was at $17.63
Price action over last quarter: Up 26.20%
Company Description
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused around leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.