Jabil unveils plans to cut jobs
Jabil unveils plans to cut jobs as it beats earnings forecast, shares rise
Jabil Inc (NYSE:JBL) shares rose in premarket trading on Thursday after the electronic components' maker reported better-than-expected fourth quarter results, and unveiled plans for job cuts. It also announced a $1 billion buyback authorization.
Jabil’s stock rises on restructuring plan, earnings beat
Jabil Inc. to take up to $200 million in restructuring charges for a head-count reduction, with more details to come.
Jabil's Q4: Earnings Beat, $1B Buyback, FY25 Guidance And More
Jabil Inc reported Q4 revenue of $6.96B, beating analyst estimates. Adjusted EPS of $2.30 also exceeded expectations. DMS and EMS segments declined. CEO confident in long-term growth. $1B stock buyback authorized.
Apple supplier Jabil announces restructuring, beats fourth-quarter estimates
Electronic components maker Jabil on Thursday beat fourth-quarter estimates and announced restructuring plans, including headcount reductions, sending its shares up as much as 10% in premarket trading.
Jabil Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
EPS: US$11.34 (up from US$6.15 in FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 5.4%. Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 7.5% growth forecast for the Electronic industry in the US.
Jabil Guides Fiscal 2025 Earnings Increase Following Fourth-Quarter Beat
Shares of Jabil (JBL) were soaring intraday Thursday after the company forecast an annual increase in fiscal 2025 earnings after reporting higher-than-expected fourth-quarter results. The manufacturing solutions provider expects adjusted earnings per share of $8.
Jabil’s Positive Outlook: Strong Financials and Strategic Restructuring Fuel Buy Rating
Goldman Sachs analyst Mark Delaney has maintained their bullish stance on JBL stock, giving a Buy rating on September 27. Mark Delaney’s ...
Jabil Got Its Groove Back
Jabil's Q4 earnings beat expectations: revenue was $400 million above the midpoint of guidance. Check out why I am not ...
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How Is Jabil’s Stock Performance Compared to Other Technology Stocks?
Based in Saint Petersburg, Florida, Jabil Inc. (JBL) provides manufacturing services and solutions worldwide. Valued at a ...
Expert Outlook: Jabil Through The Eyes Of 5 Analysts
Jabil JBL underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
Circuit Board Maker Jabil Stock Soars on Strong Results, Buyback
Jabil beat fourth-quarter profit and sales estimates on the soaring demand for artificial intelligence infrastructure products.
Jabil Q4 Profit Tops Estimates; Announces $1 Bln Share Repurchase Authorization
Jabil (JBL) reported preliminary fourth quarter net income attributable to company of $138 million compared to $155 million, last ...
Jabil Posts Upbeat Earnings, Joins Micron Technology, Southwest Airlines And Other Big Stocks Moving Higher On Thursday
U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Thursday. Shares of Jabil Inc. (NYSE:JBL) rose ...
Top Stock Movers Now: Micron, Super Micro Computer, Jabil, and More
Major U.S. indexes gained at midday Thursday as chip stocks surged, led by Micron Technology after the memory chip maker ...