On Thursday, September 24, Jabil JBL will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Analysts predict Jabil will report earnings of $0.66 per share on revenue of $6.29 billion. Jabil EPS in the same period a year ago totaled $0.88. Sales were $6.57 billion. If the company were to match the consensus estimate when it reports Thursday, earnings per share would be down 25.0%. Here's how the Jabil's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
---|---|---|---|---|
EPS Estimate | 0.32 | 0.64 | 0.94 | 0.86 |
EPS Actual | 0.37 | 0.50 | 1.05 | 0.88 |
Revenue Estimate | 5.57 B | 6.16 B | 6.95 B | 6.61 B |
Revenue Actual | 6.34 B | 6.12 B | 7.51 B | 6.57 B |
Stock Performance
Over the past 52-week period, shares of Jabil have declined 4.38%.
With these returns, shareholders are likely feeling neutral going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Jabil is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://78449.themediaframe.com/dataconf/productusers/jbl/mediaframe/40396/indexl.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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