Categories Earnings, Technology

Jabil Inc. (NYSE: JBL): Q1 2020 Earnings Snapshot

— Jabil, Inc. (NYSE: JBL) reported core earnings of $1.05 per share for the first quarter of 2020, vs. $0.94 per share expected.

Jabil Inc. (NYSE: JBL): Q1 2020 Earnings Snapshot

— First-quarter net income attributable to the company, on a reported basis, was $40.2 million or $0.26 per share, compared to $123.6 million or $0.76 per share last year

— Net revenue increased to $7.5 billion from $6.5 billion in the first quarter of 2019, vs. $6.95 billion expected

— Revenues from Diversified Manufacturing Services and Electronics Manufacturing Services rose 3% and 26%, respectively

— Expects second-quarter revenues to be in the range of $6.0 billion to $6.7 billion and unadjusted earnings to be between $0.09 per share and $0.40 per share

— Expects unadjusted operating income of $70-$189 million for the second quarter

— Sees second-quarter core earnings to be in the range of $0.62 per share to $0.82 per share

— Expects Diversified Manufacturing Services revenue and Electronics Manufacturing Services revenue to grow 4% and 5%, respectively, in Q2

For fiscal 2020, estimates revenues of about $26.7 billion and core earnings of $3.60 per share

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

HP Inc. (HPQ) stock research summary | Q3 2021

HP Inc has shown a strong performance in Q4 2021. In spite of remote working, HP has shown a strong demand for PC and printer. The company has beat Zacks

VMware Inc. (VMW) stock research summary | Q3 2021

In this era of digital transformation, the technology industry is seeing a rapid influx of innovative products and solutions that help businesses adapt to the fast-changing and complex environment. VMware

IPO Alert: Cancer drug company Nuvectis Pharma set for $30-million IPO

After months of hectic activity, the IPO market experienced a lull in the Thanksgiving week, but it is still headed for a record year though the rush led by the

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top