Jabil Inc

JBL

Equity

ISIN US4663131039 / Valor 71588

New York Stock Exchange, Inc (2024-11-21)

USD 130.64+1.92%

Jabil Inc
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About company

Jabil Inc. is a prominent global manufacturing services company, employing over 250,000 people across 100 locations in 30 countries. The company specializes in providing comprehensive engineering, manufacturing, and supply chain solutions to some of the world's largest brands across various industries, including healthcare, packaging, consumer electronics, automotive, and home appliances. With a commitment to technological innovation, Jabil invests significantly in factory automation, robotics, and machine learning to enhance its manufacturing capabilities. This focus on advanced technology is part of Jabil's vision to become the most technologically advanced and trusted manufacturing solutions provider. The company's extensive experience, spanning over 50 years, and its vast network of facilities worldwide enable it to offer both scalable and customized solutions that meet the diverse needs of its clients. Despite its significant role in the manufacturing sector, Jabil often operates behind the scenes, producing goods for other companies rather than selling under its own brand.

Summarized from source with an LLMView SourceSector: Technology

Net Revenue

Jabil Inc. reported net revenue of $6.8 billion for the third quarter of fiscal year 2024. This figure reflects the company's ability to maintain substantial revenue despite the divestiture of its Mobility business and varying market conditions.

Operating Income

For the third quarter of fiscal year 2024, Jabil Inc. achieved a U.S. GAAP operating income of $261 million. This demonstrates the company's effective cost management and operational efficiency during a period of significant transformation.

Earnings Per Share

Jabil Inc. reported U.S. GAAP diluted earnings per share of $1.06 for the third quarter of fiscal year 2024. On a non-GAAP basis, core diluted earnings per share were $1.89, indicating strong profitability when excluding certain adjustments.

Fourth Quarter Outlook

Looking ahead to the fourth quarter of fiscal year 2024, Jabil Inc. projects net revenue between $6.3 billion and $6.9 billion. The company also anticipates U.S. GAAP diluted earnings per share to range from $1.40 to $1.88, with core diluted earnings per share expected to be between $2.03 and $2.43.

Full Year Outlook

For the full fiscal year 2024, Jabil Inc. forecasts net revenue of $28.5 billion. The company aims to achieve a core operating margin of 5.6% and core diluted earnings per share of $8.40, while generating over $1 billion in adjusted free cash flow.

Summarized from source with an LLMView Source

Key figures

-0.25%1Y

110%3Y

237%5Y

Performance

41.2%1Y

37.0%3Y

40.8%5Y

Volatility