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Jabil Stumbles Into Its Q3 Earnings Report
Seeking Alpha· 2024-06-14 03:15
kr7ysztof/E+ via Getty ImagesJabil (NYSE:JBL) - the supposed "Best Kept Secret On Wall Street" according to yours truly - badly disappointed when Q2 earnings were released back on March 15. As a result, the stock dropped some 16% on the day. And despite a valiant attempt to regroup and rally, the stock closed Thursday at $121 and change (see chart below). That's down 23% from Jabil's "stock buyback" propelled 52-week high of $157. A month later CEO Kenneth Wilson was placed on paid leave "pending comple ...
Jabil (JBL) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-06-11 23:20
Jabil (JBL) closed at $117.75 in the latest trading session, marking a +0.56% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.27% for the day. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.88%.Shares of the electronics manufacturer witnessed a loss of 0.64% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.82% and underperforming the S&P 500's gain of 2.85%.Analysts and investors alike wi ...
Why Jabil (JBL) Outpaced the Stock Market Today
ZACKS· 2024-06-05 23:21
Jabil (JBL) closed at $115.97 in the latest trading session, marking a +1.54% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 1.19%. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq gained 1.96%.The electronics manufacturer's stock has dropped by 2.74% in the past month, falling short of the Computer and Technology sector's gain of 5.37% and the S&P 500's gain of 3.35%.The upcoming earnings release of Jabil will be of great interest to investors. The ...
Jabil (JBL) Enhances Server Portfolio for Financial Services
ZACKS· 2024-05-30 17:16
Jabil Inc. (JBL) recently unveiled cutting-edge advancements in its cloud server portfolio to cater to the evolving demand for the financial service industry. The company’s portfolio offerings optimized for financial service applications include several models such as J322-S, J312-S and J311-S. The J322-S delivers precision time management and boast the capability to scale in terms of storage capacity and input/output operations. With these features, the server is designed to efficiently handle AI-GPU (Grap ...
Jabil (JBL) Ascends But Remains Behind Market: Some Facts to Note
zacks.com· 2024-05-24 23:16
Jabil (JBL) closed the latest trading day at $119.60, indicating a +0.68% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.7%. Meanwhile, the Dow gained 0.01%, and the Nasdaq, a tech-heavy index, added 1.1%.The electronics manufacturer's shares have seen an increase of 0.26% over the last month, not keeping up with the Computer and Technology sector's gain of 8.26% and the S&P 500's gain of 4.03%.Analysts and investors alike will be keeping a close eye on the performanc ...
Jabil (JBL) Reiterates FY24 Guidance, Withdraws FY25 View
zacks.com· 2024-05-21 15:50
Jabil Inc. (JBL) has reaffirmed its guidance for the third quarter of fiscal 2024. The company expects net revenues between $6.2 billion and $6.8 billion, with GAAP operating income ranging from $221 million to $301 million and GAAP earnings between 82 cents and $1.38 per share. The core operating income is projected to be between $325 million and $385 million, with core earnings in the range of $1.65 to $2.05 per share.Jabil has been experiencing a dynamic market environment in fiscal 2024, marked by the d ...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Jabil Inc. - JBL
prnewswire.com· 2024-05-17 00:50
NEW YORK, May 16, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Jabil Inc. ("Jabil" or the "Company") (NYSE: JBL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Jabil and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.[Click here for information about joining the class action]On April 18, 2024, Jabil disclosed in fil ...
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Jabil Inc. (JBL)
Newsfilter· 2024-05-03 17:08
NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Jabil Inc. ("Jabil" or the "Company") (NYSE:JBL). The investigation concerns whether Jabil and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On April 18, 2024, Jabil disclosed in filing with the U.S. Securities and Exchange Commission that "[o]n April 15, 2024, Mr ...
1 Incredibly Cheap Stock to Buy Before It Starts Soaring Thanks to Artificial Intelligence (AI)
The Motley Fool· 2024-04-06 09:10
Jabil has started getting a nice chunk of its revenue from serving the AI market.Shares of contract electronics manufacturer Jabil (JBL 3.38%) took a beating after the company released its fiscal 2024 second-quarter results on March 15. Jabil delivered handsome gains to investors last year as it successfully navigated a tough spending environment in multiple markets, and it's still trading at almost twice the price at which it began calendar 2023.However, the company's latest guidance was well behind expect ...
Jabil(JBL) - 2024 Q2 - Quarterly Report
2024-04-05 11:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2024 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) Indicate by check mark whether the registrant (1) ha ...