Jabil Q1 adjusted earnings beat estimatesChristian Fernsby ▼ | December 17, 2019
Jabil revealed earnings for first quarter that decreased from the same period last year.
Jabil The company's profit came in at $40.42 million
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. ■