UBS Remains Sidelined on Jabil Circuit (JBL) Following 2Q Weakness

Go back to UBS Remains Sidelined on Jabil Circuit (JBL) Following 2Q Weakness

Argus Downgrades Jabil Circuit (JBL) to Hold

March 18, 2016 8:39 AM EDT

Argus downgraded Jabil Circuit (NYSE: JBL) from Buy to Hold.

The downgrade comes after the company lowered its revenue and EPS projections for fiscal 2016, likely reflecting reduced demand from top customer Apple.

"Given the quality of the underlying business, we... More

Deutsche Bank Cuts Price Target on Jabil Circuit (JBL) Following 2Q Miss

March 17, 2016 9:24 AM EDT

Deutsche Bank maintained a Hold rating on Jabil Circuit (NYSE: JBL), and cut the price target to $21.00 (from $25.00), following the company's 2Q earnings report. JBL reported sales of $4.4B and EPS ex-options of $0.57 lower than the Street at $4.5B/$0.60. Weakness in the... More

Needham & Company Remains Bullish Despite Jabil Circuit's (JBL) Weak 2Q Results

March 17, 2016 7:41 AM EDT

Needham & Company maintained a Buy rating on Jabil Circuit (NYSE: JBL), and cut the price target to $25.00 (from $29.00), following the company's 2Q earnings report. JBL reported F2Q results of $4.4B and $0.57 in non-GAAP EPS (ex. opt), vs. guidance for $4.4-4.7B/$0.54-0.70 (consensus $4.5B/$0.60).... More

Apple (AAPL) Declines Post-Market After Jabil Issues Soft Q3 Guidance

March 16, 2016 4:33 PM EDT

Apple (NASDAQ: AAPL) declined post-market Wednesday after supplier Jabil Circuit (NYSE: JBL) reported Q3 guidance well below expectations.

Shares of Apple were lower by 0.85%.

... More

Jabil Circuit (JBL) Misses Q2 EPS by 3c, Q3 Guidance Falls Short

March 16, 2016 4:04 PM EDT

Jabil Circuit (NYSE: JBL) reported Q2 EPS of $0.57, $0.03 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.5 billion.

GUIDANCE:

Jabil Circuit sees Q3 2016 EPS of $0.12-$0.18, versus the consensus of... More

Trading Radar for 3/16: Guess? (GES), Jabil Circuit (JBL), Williams-Sonoma (WSM), Ctrip.com (CTRP) Report

March 15, 2016 2:58 PM EDT

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

Before Markets Open:
Economics:
8:30am EDT

CPI - Street sees (0.2%)Core CPI - Street ses 0.1%Housing Starts - Street sees 1.137MBuilding Permits - Street sees 1.204M

9:15am EDT

Industrial Production - Street sees... More