Jabil shares are trading lower after the company reported financial Q2 results and issued Q2 and FY25 guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Jabil's stock is trading lower following the announcement of its financial results for the second quarter, along with guidance for Q2 and the full fiscal year 2025 that fell short of expectations.
March 15, 2024 | 12:01 pm
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Jabil's shares are trading lower due to disappointing Q2 financial results and guidance for Q2 and FY25 that did not meet analyst expectations.
Jabil's stock price is likely to experience downward pressure in the short term due to the company's financial performance in Q2 and its future guidance falling below market expectations. This news directly impacts investor sentiment and could lead to a decrease in stock value as market participants adjust their expectations based on the new financial outlook provided by the company.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100