Jabil Posts Fourth Quarter & Fiscal Year 2016 Results

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Standpoint Research Downgrades Jabil Circuit (JBL) to Hold

September 22, 2016 1:05 PM EDT

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

For an analyst ratings summary and ratings history on Jabil Circuit click here. For more ratings news on Jabil Circuit click here.

Shares of Jabil Circuit closed at $23.73 yesterday.

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Needham & Company Downgrades Jabil Circuit (JBL) to Hold

September 22, 2016 8:47 AM EDT

Needham & Company downgraded Jabil Circuit (NYSE: JBL) from Buy to Hold, saying F17 is unlikely to be a robust year.

Analyst Sean K.F. Hannan commented, ": As we indicated in our 9/20 preview note, we were cautious heading into JBL's earnings call as... More

RBC Capital Raises Price Target on Jabil Circuit (JBL) Following 4Q Beat

September 22, 2016 8:19 AM EDT

RBC Capital reiterated a Sector Perform rating on Jabil Circuit (NYSE: JBL), and raised the price target to $23.00 (from $20.00), following the company's 4Q earnings report. JBL reported revenue results of $4.43B and EPS of $0.28, which was above Street expectations of $4.27B and $0.25. Management provided Nov-qtr revenue/EPS guide that was in line with... More

Jabil Circuit (JBL) Tops Q4 EPS by 3c; Plans Restructuring

September 21, 2016 4:03 PM EDT

Jabil Circuit (NYSE: JBL) reported Q4 EPS of $0.28, $0.03 better than the analyst estimate of $0.25. Revenue for the quarter came in at $4.43 billion versus the consensus estimate of $4.27 billion.

Restructuring Alignment Plan

In addition, Jabil announced its intention to realign the Companys... More