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Jabil Q1 adjusted earnings beat estimates

Christian Fernsby ▼ | December 17, 2019
Jabil revealed earnings for first quarter that decreased from the same period last year.
Jabil
Jabil   The company's profit came in at $40.42 million
The company's profit came in at $40.42 million, or $0.26 per share. This compares with $123.60 million, or $0.76 per share, in last year's first quarter.

Topics: Jabil

Excluding items, Jabil Inc. reported adjusted earnings of $163.63 million or $1.05 per share for the period.

Analysts had expected the company to earn $0.94 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.4% to $7.51 billion from $6.51 billion last year.


 

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