Jabil Again Boosts FY22 Outlook - Update

RTTNews | 920 days ago
Jabil Again Boosts FY22 Outlook - Update

(RTTNews) - 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.

For fiscal 2022, the company now projects core earnings of about $7.45 per share on revenues of about $32.8 billion. Previously, the company expected core earnings of about $7.25 per share on revenues of about $32.6 billion.

On average, seven analysts polled by Thomson Reuters expect the company to report earnings of $7.25 per share on revenues of $32.67 billion for the year. Analysts' estimates typically exclude special items.

For the fourth quarter, the company expects earnings in a range of $1.78 to $2.18 per share and core earnings in a range of $1.94 to $2.34 per share on net revenues between $8.1 billion and $8.7 billion.

The Street is currently looking for earnings of $2.01 per share on revenues of $8.27 billion for the quarter.

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

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

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.
RTTNews | 647 days ago
Asian Markets A Sea Of Green

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RTTNews | 6h 25min ago
Australian Market Extends Gains In Mid-market

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RTTNews | 7h 7min ago
Thai Stock Market May Stop The Bleeding On Monday.

Thai Stock Market May Stop The Bleeding On Monday.

The Thai stock market has moved lower in back-to-back sessions, stumbling almost 35 points or 2.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,365-point plateau although it may find traction on Monday.
RTTNews | 7h 49min ago
Indonesia Stock Market May Extend Friday's Gains

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The Indonesia stock market on Thursday halted the six-day losing streak in which it had plummeted more than 480 points or 5.6 percent. The Jakarta Composite Index now rests just above the 6,980-point plateau and it may pick up steam on Monday.
RTTNews | 8h 19min ago