Jabil Circuit (JBL) Reports In-Line Q3 EPS; Issues Q4 Outlook

Jabil Circuit (NYSE: JBL) reported Q3 EPS of $0.49, in-line with the analyst estimate of $0.49. Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.46 billion.

“We’re on track to deliver approximately 13 percent revenue growth and $2.00 in core earnings per share for this fiscal year, all while continuing to invest for future growth - quite an accomplishment when one considers the current macro environment,” Mondello said. Management updated its fiscal year 2015 revenue outlook of $17.7 billion - $17.9 billion and core earnings per share of $1.95 - $2.05.

Sees Q4 revenue of $4.45 - $4.65 billion and EPS of $0.40 - $0.50, with the consensus at revenue of $4.74 billion and EPS of $0.47.

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

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