Raymond James Remains bullish on Jabil Circuit (JBL) Following 4Q Results

Needham & Company Reiterates Buy on Jabil Circuit (JBL) Following 4Q15 Results

September 25, 2015 8:57 AM EDT

Needham & Company reiterated a Buy rating and $29.00 price target on Jabil Circuit (NYSE: JBL) following the company's 4Q15 earnings results. JBL reported F4Q results of $4.68B and $0.53 in non-GAAP EPS, above guidance for $4.45-4.65B and $0.40-0.50, and consensus at $4.55B/ $0.45.

Analyst Sean... More

Jabil's Results Bode Well for Apple (AAPL) - Stifel

September 25, 2015 7:52 AM EDT

Stifel analyst Aaron C. Rakers notes supplier Jabil's (NYSE: JBL) results after the close bode well for Apple (NASDAQ: AAPL).

Raker noted, "Jabil reported August quarter results with revenue at the high-end of its guidance ($4.68 billion; +7% seq. and +15% y/)) driven by the companys Diversified Manufacturing segment, which accounted for 41% of total revenue ($1.92 billion) and grew 47% y/y. This compares to Jabils initial DMS segment guidance of ~$1.75 billion for the August quarter. The Diversified... More

Market Wrap: Fed Rate Hike May Happen in '15; Durable Orders Slip in August; Caterpillar Trims Outlook, Plans Cost Cuts

September 24, 2015 5:18 PM EDT

Market wrap for September 24th

End of the Day: S&P 500 down 6.5 to 1,932.24; Dow Jones down 16,201.32 to 78.6; Nasdaq down 18.3 to 4,734.48

Market Brief: U.S. markets slipped lower for a second session as worries about issues in the automotive sector hampered European markets amid the Volkswagen emissions scandal.

Caterpillar announced cost reduction plans, which includes substantial job cuts, and trimmed its outlook.

Fed chair Yellen sees a rate hike happening this year.

New home sales came in better than... More

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

September 24, 2015 4:04 PM EDT

(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... More

Trading Radar for 9/24: Nike (NKE), KB Home (KBH), Bed Bath & Beyond (BBBY), Scholastic (SCHL) Report

September 23, 2015 2:20 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 271kDurable Goods - Street sees (2.0%)

Earnings:

KB Home (NYSE:... More