Jabil Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Jabil (NYSE:JBL) Full Year 2024 Results
Key Financial Results
Revenue: US$28.9b (down 17% from FY 2023).
Net income: US$1.39b (up 70% from FY 2023).
Profit margin: 4.8% (up from 2.4% in FY 2023).
EPS: US$11.34 (up from US$6.15 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jabil Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 5.4%.
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 7.5% growth forecast for the Electronic industry in the US.
Performance of the American Electronic industry.
The company's shares are up 14% from a week ago.
Risk Analysis
Be aware that Jabil is showing 3 warning signs in our investment analysis and 1 of those doesn't sit too well with us...
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