Jabil Guides Q3 In Line With Estimates; Q2 Results Top Estimates

Jabil Confirms Q3 Outlook; Withdraws FY25 Outlook; Appoints Michael Dastoor CEO, Gregory Hebard CFO

Jabil Inc. (JBL) announced Monday it is confirming the previously provided third-quarter guidance for net revenue of $6.2 billion to $6.8 billion, earnings of $0.82 to $1.38 per share and core earnings of $1.65 to $2.05 per share.

RTTNews | 575 days ago

Jabil Again Boosts FY22 Outlook - Update

While reporting preliminary, unaudited financial results for the third quarter on Thursday, Jabil Inc. (JBL) raised its core earnings and revenue guidance for the full-year 2022, based on solid demand in key areas of its business. The company also provided financial outlook for the fourth quarter.

RTTNews | 1279 days ago

U.S. Business Inventories Increase In Line With Estimates In September

The Commerce Department released a report on Tuesday showing business inventories in the U.S. increased in line with economist estimates in the month of September. The report said business inventories rose by 0.2 percent in September after coming in unchanged in August.

RTTNews | 1h 45min ago

U.S. Retail Sales Unchanged In October As Auto Sales Tumble

A report released by the Commerce Department on Tuesday showed retail sales in the U.S. were roughly flat in the month of October. The Commerce Department said retail sales were virtually unchanged in October after inching up by a downwardly revised 0.1 percent in September. Economists had expected retail sales to rise by 0.2 percent.

RTTNews | 1h 56min ago

U.S. Job Growth Exceeds Estimates In November After October Slump

Employment in the U.S. increased by more than expected in the month of November, according to a report released by the Labor Department on Tuesday, although the job growth followed a notable decrease in employment in October. The report said non-farm payroll employment climbed by 64,000 jobs in November after tumbling by 105,000 jobs in October.

RTTNews | 2h 14min ago

Eurozone Private Sector Growth Moderates In December

The euro area private sector growth eased in December as the manufacturing sector contracted and the services activity logged a weaker expansion, a flash survey compiled by S&P Global showed on Tuesday. The HCOB composite output index, which measures overall private sector activity, dipped to 51.9 in December from a final reading of 52.8 in November.

RTTNews | 3h 30min ago

U.S. Retail Sales Unexpectedly Unchanged In October

A report released by the Commerce Department on Tuesday showed retail sales in the U.S. were roughly flat in the month of October.

RTTNews | 3h 42min ago

U.S. Employment Climbs More Than Expected In November

Employment in the U.S. increased by more than expected in the month of November, according to a report released by the Labor Department on Tuesday.

RTTNews | 3h 47min ago

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