Jabil (JBL) Tops Q3 EPS by 11c, Offers Guidance

Jabil (NYSE: JBL) reported Q3 EPS of $1.99, $0.11 better than the analyst estimate of $1.88. Revenue for the quarter came in at $8.5 billion versus the consensus estimate of $8.19 billion.

GUIDANCE:

Jabil sees Q4 2023 EPS of $2.14-$2.50, versus the consensus of $2.30. Jabil sees Q4 2023 revenue of $8.2-8.8 billion, versus the consensus of $8.57 billion.

Fiscal Year 2023 Updated Outlook:

• “I feel strongly that our solid execution will continue, as the team carries positive momentum into the final quarter of FY23,” said CEO Kenny Wilson. “For the fiscal year, we now believe the team will deliver $8.50 in core earnings per share on $34.7 billion in revenue,” added Wilson.

For earnings history and earnings-related data on Jabil (JBL) click here.

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