Jabil Circuit (JBL) Tops Q4 EPS by 5c; Issues Confident Q1 Outlook

Jabil Circuit (NYSE: JBL) reported Q4 EPS of $0.05, $0.05 better than the analyst estimate of $0.00. Revenue for the quarter came in at $4.06 billion versus the consensus estimate of $3.83 billion.

Jabil Circuit sees Q1 2015 EPS of $0.41 - $0.53, versus the consensus of $0.41. Jabil Circuit sees Q1 2015 revenue of $4.2 - $4.4 billion, versus the consensus of $4.11 billion.

“Fiscal 2014 was a challenging year in which we made several tough, but thoughtful, decisions and investments. We believe these investments will support future growth opportunities for Jabil," said Mark Mondello, Chief Executive Officer. “We remain confident in our ability to deliver core earnings per share in the range of $1.65 to $1.95 in fiscal 2015,” Mondello added.

Management maintains its fiscal year 2015 outlook of $1.65 to $1.95 core earnings per share. Jabil will be reporting its business in two segments: Electronics Manufacturing Services and Diversified Manufacturing Services. Electronics Manufacturing includes business formerly reported in High Velocity, Enterprise & Infrastructure and Industrial & Energy. Diversified Manufacturing will include Jabil’s Nypro businesses of healthcare & packaging, as well as its Green Point business, including mobility, consumer lifestyles and wearables.

For earnings history and earnings-related data on Jabil Circuit (JBL) click here.

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