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

RTTNews | 1007 gün önce
Jabil Guides Q3 In Line With Estimates; Q2 Results Top Estimates

(RTTNews) - While reporting preliminary, unaudited financial results for its second quarter on Thursday, Jabil Inc. (JBL) said it expects third-quarter earnings in a range of $1.50 to $1.90 per share and core earnings in a range of $1.70 to $2.10 per share on net revenues between $7.9 billion and $8.5 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.88 per share on revenues of $8.14 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, the company now projects revenues of about $34.5 billion, while analysts expect revenues of $34.51 billion for the year.

For the second quarter, the company reported net income of $207 million or $1.52 per share, compared to $222 million or $1.51 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter was $1.88 per share, compared to $1.68 per share in the year-ago quarter.

Net revenue for the quarter increased to $8.13 billion from $7.55 billion in the same quarter last year.

The Street was looking for earnings of $1.85 per share on revenues of $8.09 billion for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Etiketler: JBL
read more
Jabil Again Boosts FY22 Outlook - Update

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 | 1280 gün önce
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming its early losses in mid-market moves on Thursday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness in gold miners and technology stocks as well as a mixed performance in most other sectors.
RTTNews | 2s 25 dakika önce
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian markets are trading mostly lower on Thursday, following the negative cues from Wall Street overnight, on continuing concerns over the valuation of technology stocks, mirroring the steep drop on tech-heavy Nasdaq. Traders seemed reluctant to make significant moves ahead of the release of report on US consumer price inflation later in the day, which could impact the outlook for interest rates.
RTTNews | 2s 39 dakika önce
Indian Shares Set To Follow Global Peers Lower

Indian Shares Set To Follow Global Peers Lower

Indian shares look set to open lower on Thursday, tracking weak cues from global markets. Uncertainty over a trade deal with the United States, sustained foreign capital outflows and higher oil prices may also weigh on markets as the session progresses.
RTTNews | 3s 3 dakika önce
Thai Stock Market Likely To Open Under Pressure

Thai Stock Market Likely To Open Under Pressure

The Thai stock market has moved lower in back-to-back sessions, slipping more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,255-point plateau and it may extend its losses on Thursday.
RTTNews | 3s 43 dakika önce
Lower Open Expected For Indonesia Stock Market

Lower Open Expected For Indonesia Stock Market

The Indonesia stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the two-day winning streak in which it had picked up almost 110 points or 1.3 percent. The Jakarta Composite Index now sits just above the 8,675-point plateau and it's expected to open under water again on Thursday.
RTTNews | 4s 13 dakika önce