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Jabil +4.6% after Q1 beats, in-line and better guidance

Published 12/14/2017, 04:36 PM
© Reuters.  Jabil +4.6% after Q1 beats, in-line and better guidance
JBL
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  • Jabil (NYSE:JBL) shares are up 4.6% aftermarket following a Q1 report that beat EPS and revenue estimates with guidance that’s in-line on revenue consensus and beats on EPS.
  • Q2 guidance has revenue from $4.75B to $5.05B (consensus: $4.74B) and EPS from $0.50 to $0.74 (consensus: $0.61). The company expects Diversified Manufacturing Services revenue to increase 25% on the year and Electronics Manufacturing up 1%.
  • Key metrics: Diversified Manufacturing revenue growth, 13%; Electronics Manufacturing growth, 6%; core operating income, $227M; cash and equivalents, $746M.
  • Press release
  • Previously: Jabil beats by $0.01, beats on revenue (Dec. 14)
  • Now read: Jabil beats by
  • Now read: Jabil beats by $0.01, beats on revenue
  • .01, beats on revenue


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