CORRECTION: Jabil Expects FY25 Revenue Of $27B Vs $27.19B Est, Adj EPS Of $8.65 Vs $8.64 Est
Portfolio Pulse from Mohit Manghnani
Jabil has corrected its financial expectations for FY25, projecting revenue of $27 billion, slightly below the previous estimate of $27.19 billion, and an adjusted EPS of $8.65, slightly above the previous estimate of $8.64.
September 26, 2024 | 12:32 pm
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Jabil has revised its FY25 financial guidance, with revenue expected at $27 billion, slightly below estimates, and adjusted EPS at $8.65, slightly above estimates.
The revision in Jabil's FY25 guidance shows a slight decrease in revenue expectations but a marginal increase in adjusted EPS. This mixed update is likely to have a neutral short-term impact on the stock price as the changes are minor and offset each other.
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