CORRECTION: Jabil Expects Q1 Revenue Of $6.30B-$6.90B vs $6.47B Est, Adj EPS Of $1.65-$2.05 vs $1.84 Est
Portfolio Pulse from Mohit Manghnani
Jabil has corrected its Q1 revenue expectations to be between $6.30 billion and $6.90 billion, compared to the previous estimate of $6.47 billion. The adjusted EPS is expected to be between $1.65 and $2.05, against the earlier estimate of $1.84.
September 26, 2024 | 12:06 pm
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Jabil has revised its Q1 revenue and EPS expectations. The new revenue range is $6.30B-$6.90B, and the adjusted EPS is $1.65-$2.05, both showing a potential for better performance than previous estimates.
The revised revenue and EPS expectations suggest that Jabil may perform better than initially anticipated. The higher upper range for both metrics indicates potential growth and improved financial performance, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100