Earnings Alerts

Jabil Circuit (JBL) Earnings: 1Q Net Revenue Surpasses Estimates with $6.99 Billion

By December 18, 2024 No Comments
  • Jabil’s 1Q net revenue exceeded expectations, reaching $6.99 billion against an estimated $6.59 billion.
  • Strong performance was attributed to growth in Cloud, Data Center Infrastructure, and Digital Commerce markets.
  • The company reported strong Core EPS and cash flow generation for the quarter.
  • CEO Mike Dastoor expressed satisfaction with the fiscal quarter results.
  • Analyst ratings include 8 buys, 2 holds, and no sells.

Jabil Circuit on Smartkarma




Analyst Coverage of <a href="https://smartkarma.com/entities/jabil-circuit-inc">Jabil Circuit</a> on Smartkarma

Analysts on Smartkarma, such as Baptista Research, are closely monitoring Jabil Circuit‘s strategic moves and financial performance. Baptista Research‘s report titled “Jabil Inc.: Will The Diversification Into High-Margin AI Business Yield Dividends? – Major Drivers” highlights Jabil’s focus on core market segments and the potential impact on its valuation through a Discounted Cash Flow methodology.

Another analyst, Tech Supply Chain Tracker, sheds light on industry challenges affecting Jabil. In the report “Tech Supply Chain Tracker (24-Sep-2024): Taiwan’s energy policy faces EU pressure on localization,” Taiwan’s energy sector hurdles and technological advancements in e-waste recycling are discussed. The report also touches on semiconductor industry developments affecting companies like Jabil.




A look at Jabil Circuit Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Jabil Circuit has a positive long-term outlook. With strong momentum and growth scores, the company seems well-positioned for future success. The high momentum score indicates that Jabil Circuit is currently experiencing a positive trend in its stock performance, while the growth score suggests potential for expansion and profitability in the future. However, the scores for value, dividend, and resilience are more moderate, indicating that the company may not be undervalued, may not offer high dividend payouts, and may have room for improvement in terms of resilience to market fluctuations.

Jabil Circuit, Inc. is an electronic manufacturing services provider catering to various international electronics markets. Offering a range of services from circuit design to system assembly, the company serves clients in sectors such as communications, personal computers, consumer electronics, and automotive industries. Overall, Jabil Circuit‘s Smartkarma Smart Scores highlight a promising growth trajectory with strong momentum, signaling a positive outlook for the company’s future prospects in the electronic manufacturing industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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