☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14063 JABIL INC. (Exact name of registrant as specified in its charter) Delaware 38-1886260 (State or other jurisdiction of incor ...

This contract electronics manufacturer has underperformed on the stock market in 2024, but there may be a chance of a turnaround.Contract electronics manufacturer Jabil (JBL -3.85%) has endured a tough time on the stock market so far this year, losing 11% of its value as of this writing, and the company's latest quarterly report hasn't helped boost investor confidence, either.Jabil released fiscal 2024 third-quarter results (for the three months ended May 31) on June 20. The stock rose initially thanks to i ...

Loading...Loading...Jabil Inc. JBL posted better-than-expected third-quarter results on Thursday.Jabil reported third-quarter fiscal 2024 revenue of $6.77 billion, down by 20.2% year-on-year, beating the analyst consensus estimate of $6.53 billion. The print manufacturing company’s adjusted EPS of $1.89 beat the analyst consensus of $1.85, according to data from Benzinga Pro."It's clear that Jabil has navigated a period of significant transformation this fiscal year: a year in which we divested our Mobility ...

Vladimir_Timofeev/iStock via Getty Images Investment Thesis Contract manufacturer, Jabil Inc. (NYSE:JBL), reported their Q3 FY24 earnings today. The company reported Q3 earnings that beat consensus estimates on the top and bottom lines. Heading into its Q3 earnings report, the bar had already been lowered for Jabil to outperform, as revisions to its Q3 estimates had been lowered per trends. The St. Petersburg, FL-headquartered company has been enduring a bumpy few months that saw the completion of their Mob ...

Jabil Inc. (NYSE:JBL) Q3 2024 Earnings Call Transcript June 20, 2024 8:30 AM ET Company Participants Adam Berry - VP of IR Greg Hebard - CFO Mike Dastoor - CEO Conference Call Participants Ruplu Bhattacharya - Bank of America Merrill Lynch Steven Fox - Fox Advisors George Wang - Barclays Matt Sheerin - Stifel Mark Delaney - Goldman Sachs Operator Greetings, and welcome to the Jabil Third Quarter of Fiscal Year 2024 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and ...

Jabil Inc. (JBL) reported relatively modest third-quarter fiscal 2024 results, with both the bottom and top line surpassing the Zacks Consensus Estimate. However, weakness in multiple end markets, including networking, storage, industrial & semi cap, retail, 5G wireless & cloud, led to a revenue contraction year over year. Growth in the auto & transportation end market partially cushioned the top line.Net IncomeNet income on a GAAP basis in the quarter was $129 million or $1.06 per share compared with $233 ...

THIRD QUARTER FISCAL YEAR 2024 RESULTS June 20, 2024 Forward Looking Statement Forward Looking Statements: This presentation contains forward-looking statements, including those regarding our anticipated financial results for our third quarter of fiscal year 2024; our guidance for future financial performance in our fourth quarter of fiscal year 2024 (including, net revenue, segment revenue, U.S. GAAP operating income, U.S. GAAP diluted earnings per share, core operating income (Non-GAAP), net interest expe ...

Jabil (JBL) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.99 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.16%. A quarter ago, it was expected that this electronics manufacturer would post earnings of $1.65 per share when it actually produced earnings of $1.68, delivering a surprise of 1.82%.Over the last four quarters, the comp ...

Exhibit 99.1 Jabil Posts Third Quarter Results ST. PETERSBURG, Fla. – June 20, 2024 – Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its third quarter of fiscal year 2024. "It's clear that Jabil has navigated a period of significant transformation this fiscal year: a year in which we divested our Mobility business, captured growth in the AI datacenter space, and experienced softness across multiple end-markets," said CEO Mike Dastoor. "Despite these moving pieces, we re ...

Jabil Inc. (JBL) is set to release third-quarter fiscal 2024 results on Jun 20, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 1.82%. It pulled off a trailing four-quarter earnings surprise of 4.02%, on average. The company’s top line is expected to be plagued by soft demand trends in multiple end markets. However, healthy traction in AI data center hardware, software-defined electric and hybrid vehicles, healthcare and packaging are tailwinds.Factors at ...