Jabil Reiterates Q3 Guidance; Revenue $6.2B-$6.8B vs $6.83B Est., Core EPS $1.65-$2.05
Portfolio Pulse from Benzinga Newsdesk
Jabil has reiterated its Q3 guidance, projecting revenue between $6.2 billion and $6.8 billion, which is below the estimated $6.83 billion. The company also expects core EPS to be in the range of $1.65 to $2.05.
May 20, 2024 | 1:12 pm
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Jabil has reiterated its Q3 guidance, projecting revenue between $6.2 billion and $6.8 billion, which is below the estimated $6.83 billion. The company also expects core EPS to be in the range of $1.65 to $2.05.
The revenue guidance is below the market estimate, which could lead to a negative short-term impact on the stock price. However, the core EPS range is relatively broad, which may provide some cushion.
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