Jabil Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Jabil Inc. (NYSE:JBL) is set to release its Q4 earnings on Sept. 26, with expectations of lower earnings and revenue compared to last year. Analysts have revised their forecasts, maintaining mostly positive ratings but lowering price targets. Jabil recently expanded its silicon photonics capabilities.
September 25, 2024 | 6:49 pm
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Jabil Inc. is expected to report lower earnings and revenue for Q4. Analysts have maintained positive ratings but reduced price targets, indicating cautious optimism. The company's expansion in silicon photonics could be a positive long-term factor.
Jabil's expected lower earnings and revenue have led analysts to maintain positive ratings but reduce price targets, reflecting cautious optimism. The recent expansion in silicon photonics is a strategic move that could positively impact future growth, but the immediate effect on stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100