Jabil Expects Q1 Net Revenue Of $8.4B- $9.0B (Est. $9.18B), Adj. EPS Of 2.40-$2.80 (Est. $2.33)
Portfolio Pulse from Benzinga Newsdesk
Jabil Inc. has projected its Q1 net revenue to be between $8.4 billion and $9.0 billion, which is lower than the estimated $9.18 billion. However, the company's adjusted EPS is expected to be between $2.40 and $2.80, higher than the estimated $2.33.
September 28, 2023 | 11:39 am
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Jabil's lower than expected Q1 net revenue projection may negatively impact its stock price. However, the higher than expected adjusted EPS could offset this.
Jabil's projected Q1 net revenue is lower than the estimated $9.18 billion, which could negatively impact investor sentiment and potentially lead to a decrease in the stock price. However, the company's higher than expected adjusted EPS could offset this negative impact, as it indicates higher profitability per share.
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IMPORTANCE 80
RELEVANCE 100