UPDATE: Jabil Circuit (JBL) Tops Q4 EPS by 8c, Q1 & FY16 Guidance Beats

(Updated - September 24, 2015 4:07 PM EDT)

Jabil Circuit (NYSE: JBL) reported Q4 EPS of $0.53, $0.08 better than the analyst estimate of $0.45. Revenue for the quarter came in at $4.68 billion versus the consensus estimate of $4.55 billion.

“I am extremely pleased with our fiscal 2015 results and in particular the financial strength demonstrated as we exited the year. We exceeded nearly every financial target provided at the outset of the year, culminating with core earnings per share of $2.07 and free cash flow of approximately $300 million,” said Mark T. Mondello, Chief Executive Officer. “Our strong cash generation provided us the financial flexibility to complete a number of strategic acquisitions, aggressively re-invest in the business and return approximately $150 million to shareholders via dividend and share repurchases,” he added.

Jabil Circuit sees Q1 2016 EPS of $0.72-$0.88, versus the consensus of $0.61. Jabil Circuit sees Q1 2015 revenue of $5.1-5.3 billion, versus the consensus of $4.91 billion.

FY16 EPS is seen at $2.60 vs the consensus of $2.37, with revenue of $20 billion vs consensus of $19.29 billion.

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

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