Jabil (JBL) Tops Q4 EPS by 8c, Offers Guidance

Go back to Jabil (JBL) Tops Q4 EPS by 8c, Offers Guidance

Jabil Posts Fourth Quarter and Fiscal Year 2024 Results

September 26, 2024 7:30 AM EDT

Company Announces New $1 Billion Share Repurchase Authorization, Provides Fiscal Year 2025 Outlook

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its fourth quarter and fiscal year ended August 31, 2024.

Its evident that Jabil has undergone a substantial transformation this fiscal year: a year during which we sold our Mobility business, saw growth in the AI datacenter sector, and faced challenges in multiple end-markets, said CEO Mike Dastoor. Despite these changes, we delivered core margins of 5.5% and $8.49 of core diluted EPS in... More