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Jabil Q3 adjusted earnings inline with estimates

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Christian Fernsby ▼ | June 19, 2019
Jabil   The company's was $43.48 million, or $0.28 per share

Jabil revealed a profit for its third quarter that rose from the same period last year.

The company's was $43.48 million, or $0.28 per share. This compares with $42.54 million, or $0.25 per share, in last year's third quarter.

Excluding items, Jabil Inc. reported adjusted earnings of $88.45 million or $0.57 per share for the period.

Analysts had expected the company to earn $0.57 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.9% to $6.14 billion from $5.44 billion last year.

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