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Barchart
Barchart
Aditya Sarawgi

Earnings Preview: What to Expect From Jabil's Report

Jabil JBL

Saint Petersburg, Florida-based Jabil Inc. (JBL) is a trusted partner for the world's top brands, offering comprehensive engineering, manufacturing, and supply chain solutions. With a market cap of $14.2 billion, it operates through Electronics Manufacturing Services and Diversified Manufacturing Services segments. It is expected to release its Q1 earnings on Thursday, Dec. 12.

Ahead of the event, analysts expect Jabil to report a profit of $1.77 per share, down 23.7% from $2.32 per share reported in the year-ago quarter. The company has surpassed Wall Street’s earnings estimates in three of the past four quarters while missing on one other occasion. Its adjusted EPS for the last reported quarter declined 8.1% year-over-year to $2.15 while exceeding the consensus estimates by 1.4%.

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