Jabil Circuit (JBL) Tops Q1 EPS by 5c; Guides In-Line

Jabil Circuit (NYSE: JBL) reported Q1 EPS of $0.69, $0.05 better than the analyst estimate of $0.64. Revenue for the quarter came in at $5.1 billion versus the consensus estimate of $4.91 billion.

GUIDANCE:

Jabil Circuit sees Q2 2017 EPS of $0.35-$0.57, versus the consensus of $0.46. Jabil Circuit sees Q2 2017 revenue of $4.2-4.5 billion, versus the consensus of $4.36 billion.

“I’m really pleased with our strong first quarter results,” said CEO Mark Mondello. “In particular, we saw strength in our healthcare, packaging and consumer lifestyles businesses within our DMS segment, combined with yet another solid quarter of execution from our EMS segment, allowing us to deliver excellent results,” he added.

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

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