Jabil Expects Q1 Revenue Of $6.3B-$6.9B Vs $6.59B Est, Adj EPS Of $1.65-$2.05 Vs $2.22 Est
Portfolio Pulse from Benzinga Newsdesk
Jabil has released its Q1 fiscal year 2025 outlook, projecting net revenue between $6.3 billion and $6.9 billion, which is slightly below the $6.59 billion estimate. The company also expects adjusted EPS to range from $1.65 to $2.05, below the $2.22 estimate.
September 26, 2024 | 11:34 am
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NEGATIVE IMPACT
Jabil's Q1 FY2025 revenue and adjusted EPS projections are below analyst estimates, which may lead to a negative short-term impact on its stock price.
Jabil's projected revenue of $6.3B-$6.9B is slightly below the $6.59B estimate, and the adjusted EPS of $1.65-$2.05 is below the $2.22 estimate. This underperformance relative to expectations is likely to lead to a negative reaction from investors, impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100