Jabil Circuit (JBL) Earnings Unaffected by Investigation and CEO Transition, FY2025 Outlook Withdrawn

Jabil Circuit on Smartkarma

On Smartkarma, independent analyst Baptista Research has provided insightful coverage on Jabil Circuit, a company making strides in the technology sector. In their report titled “Jabil Inc.: What Are Its Latest Advancements In AI? – Major Drivers,” Baptista Research highlights Jabil Inc.’s achievement of approximately $6.8 billion in revenue during the second quarter of fiscal year 2024. This performance aligns well with the company’s guidance across most of its businesses, indicating a strong performance trajectory.

Another report by Baptista Research titled “Jabil Inc.: Can The Retronix Acquisition Be A Game Changer? – Major Drivers” delves into Jabil Inc.’s recent financial performance. While the company exhibited mixed results in the previous quarter, with revenues slightly below analyst consensus, it surpassed Wall Street’s earnings expectations. Core operating income reached $499 million, a notable 6% of revenue and a significant 120 basis points increase year-over-year. With cash flows from operations at $448 million and adjusted free cash flow of $173 million, Jabil Circuit‘s strategic moves like the Retronix acquisition are being closely watched by analysts for their potential impact on the company’s future.

A look at Jabil Circuit Smart Scores

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 has a mixed outlook for the long term. The company scores well in Growth with a score of 5, indicating strong potential for expansion and development in the future. This suggests that Jabil Circuit may be well-positioned to capitalize on new opportunities and drive growth in its industry.

However, the company receives lower scores in other key areas such as Value, Dividend, Resilience, and Momentum, with scores ranging from 2 to 3. This indicates that Jabil Circuit may face challenges in terms of its valuation, dividend payout, ability to weather economic downturns, and overall market momentum. Investors may need to carefully consider these factors when evaluating the company’s long-term prospects.

Summary: Jabil Circuit, Inc. is an electronic manufacturing services provider catering to various international electronics markets. The company offers a range of services including circuit design, board design, assembly, repair, and warranty services across different sectors such as communications, personal computer, consumer electronics, and automotive industries.

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