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.
Q4 2024 Jabil Inc Earnings Call
Samik Chatterjee; Analyst; JPMorgan Chasing Company ...
Jabil delivers better-than-expected fiscal Q4 results; shares jump
Jabil Circuit Inc (NYSE:JBL) saw its shares popped more than 9% in premarket trading Thursday after the company reported ...
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 ...