- Jabil’s fourth-quarter adjusted core EPS was $2.30, beating the estimate of $2.22.
- Net revenue for the fourth quarter was $6.96 billion.
- For the first quarter, Jabil forecasts net revenue between $6.3 billion and $6.9 billion.
- First-quarter core operating profit is projected to be between $304 million and $364 million.
- CEO Mike Dastoor highlighted delivering core margins of 5.5% and $8.49 of core diluted EPS in FY24, generating over $1 billion in adjusted free cash flow.
- Jabil has undergone significant changes, including selling its Mobility business, growth in the AI datacenter sector, and facing challenges in multiple end-markets.
- Analyst recommendations include 8 buys, 2 holds, and 0 sells.
Jabil Circuit on Smartkarma
Analyst coverage of Jabil Circuit on Smartkarma highlights optimistic views from top independent analysts. The Tech Supply Chain Tracker report discusses Taiwan’s energy policy challenges amidst EU pressure on localization, impacting renewable energy progress. Additionally, Google’s innovative e-waste recycling technology and advancements in semiconductor production by Tata are noted. In contrast, Baptist Research’s evaluation applauds Jabil’s strong financial performance in Q3 2024, with revenues exceeding expectations thanks to the success in connected devices and networking sectors.
The reports by Tech Supply Chain Tracker and Baptist Research provide valuable insights into Jabil Circuit‘s market dynamics and growth prospects. While industry hurdles persist, Jabil’s strategic focus on AI, data centers, and key sectors propels financial success according to Baptist Research. Investors are recommended to consider these research findings from independent analysts on Smartkarma for a comprehensive understanding of Jabil Circuit‘s performance and future trajectory.
A look at Jabil Circuit Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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 Smartkarma Smart Scores, Jabil Circuit shows a promising long-term outlook. With a high Growth score of 5, the company is anticipated to experience substantial expansion in the future. This growth potential is bolstered by solid Momentum and Resilience scores of 3 each, indicating a stable and positive business trajectory. Although Value and Dividend scores are moderate at 2, the overall outlook for Jabil Circuit appears favorable, particularly due to its strong Growth score.
Jabil Circuit, Inc. is a key player in the electronic manufacturing services sector, catering to a diverse range of markets including communications, personal computer, consumer electronics, and automotive industries. The company provides a comprehensive suite of services from circuit design to system assembly, positioning itself as a reliable partner for international electronics companies. With a robust Growth score of 5, Jabil Circuit is poised for long-term success in the dynamic electronics market.
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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