Jabil (JBL) Misses Q2 EPS by 1c, Misses on Revenue; Offers Weak Q3 Guidance

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Go back to Jabil (JBL) Misses Q2 EPS by 1c, Misses on Revenue; Offers Weak Q3 Guidance

Jabil (JBL) stock down after earnings and guidance disappoints

March 15, 2024 8:08 AM EDT

Jabil (NYSE: JBL) reported a slight miss in its second-quarter earnings per share (EPS) and a notable shortfall in revenue, compared to Wall Street expectations. The company's stock tumbled by 9.47% as it also provided weaker-than-expected guidance for the third quarter of fiscal year 2024.

For the second quarter, Jabil posted an EPS of $1.68, just a cent below the... More