Jabil Circuit Inc. (JBL) reported fourth quarter core EPS of $0.53 after the bell Thursday, up from $0.05 a year ago. Analysts expected EPS of $0.45. First quarter core EPS is expected to be between $0.72 and $0.88. The consensus estimate is for EPS of $0.61.
Jabil Circuit gapped up sharply Friday and rose during the first half hour of trade, before settling into a range. Shares finished with a gain of 2.38 at $21.88, with volume at nearly an 11-month high. The stock surged to a 3-month high and re-crossed its 200-day moving average.
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