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-0.000630070095298088 -0.00208710719067497 -0.000855320154367139 -0.00147672678585481 -0.00366228242892013 0.000196896904780702 -0.00252028038119235 -0.00252028038119235
Stock impact report

Jabil Q4 Earnings Top Estimates Despite Weakness in Multiple Verticals [Yahoo! Finance]

Jabil Inc. (JBL) 
Last jabil inc. earnings: 3/13 08:00 am Check Earnings Report
US:NYSE Investor Relations: jabil.gcs-web.com/investor-relations
Company Research Source: Yahoo! Finance
Jabil, Inc. JBL reported healthy fourth-quarter fiscal 2024 results, with both the bottom and top lines surpassing the Zacks Consensus Estimate. However, weakness in multiple end markets, including networking, storage, digital print, retail, 5G wireless & cloud, led to a revenue contraction year over year. Growth in AI-powered data center is a tailwind. Net Income Net income on a GAAP basis in the quarter was $138 million or $1.18 per share compared with $155 million or $1.15 per share in the prior-year quarter. The decline is primarily attributed to top-line contraction year over year. Non-GAAP net income in the reported quarter was $270 million or $2.30 per share compared with $328 million or $2.45 per share in the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate of $2.23. In fiscal 2024, on a GAAP basis, the company generated a net income of $1.388 billion or $11.17 per share compared with $818 million or $6.02 per share in the previous year. Non- Show less Read more
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