Jabil Q3 2024 Adj EPS $1.89 Beats $1.85 Estimate, Sales $6.765B Beat $6.526B Estimate
Portfolio Pulse from Benzinga Newsdesk
Jabil (NYSE:JBL) reported Q3 2024 adjusted EPS of $1.89, beating the estimate of $1.85. Sales were $6.765 billion, surpassing the $6.526 billion estimate but reflecting a 20.18% decrease from the same period last year.
June 20, 2024 | 11:46 am
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Jabil reported better-than-expected Q3 2024 earnings and sales, but sales were down 20.18% year-over-year.
Jabil's Q3 2024 earnings and sales exceeded analyst expectations, which is positive for the stock. However, the significant year-over-year sales decline may temper investor enthusiasm.
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