Jabil Circuit Inc. (JBL) reported third quarter adjusted EPS of $0.49 after the bell Wednesday, compared to the loss of $0.06 in the previous year. Net revenue rose to $4.36 billion from $3.79 billion a year earlier. Analysts expected EPS of $0.49 and revenues of $4.46 billion.
The company expects to report fourth quarter adjusted EPS of $0.40 to $0.50 and between $1.95 and $2.05 for the full year. The consensus estimates are for EPS of $0.47 and $2.02. The stock is now down 1.77 on 198K shares.
Jabil Circuit pulled back in early trade Wednesday and slipped further going into the close. Shares finished with a loss of 0.26 at $24.33 on above average volume. The stock closed near the middle of a 1-month range.
For comments and feedback contact: editorial@rttnews.com
Business News