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

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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