Categories Earnings, Industrials, Technology

Jabil Inc. (JBL): Q2 2020 Earnings Snapshot

Earnings Update by AlphaStreet

— Jabil Inc. (NYSE: JBL) reported Q2 2020 earnings of $0.50 per share, vs. $0.64 expected.

— Revenues were $6.1 billion, vs. $6.1 billion expected.

— Diversified Manufacturing Services (DMS) revenues grew 1% year-on-year.

— Electronics Manufacturing Services (EMS) revenues grew 1% year-on-year.

— Expenses directly associated with business interruption caused by COVID-19 were approx. $53 million.  

— JBL shares were up 5.6% in premarket hours on Friday.

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