Jabil (JBL) Rises 15.2% Since Last Earnings Report: What’s Next?

Jabil’s shares have surged 15.2% since its last earnings report, raising questions about future performance as analysts weigh in.

Jabil (JBL) Rises 15.2% Since Last Earnings Report: What’s Next?
Jabil (JBL) Rises 15.2% Since Last Earnings Report: What’s Next?

St. Petersburg: So, Jabil’s been on a bit of a roll lately. Since their last earnings report, their shares have jumped about 15.2%. That’s pretty impressive, especially when you compare it to the S&P 500.

But the big question is, can this trend keep going? Before we get into what the analysts are saying, let’s recap their latest earnings report to see what’s driving this surge.

In their first quarter for fiscal 2025, Jabil did pretty well. They beat the earnings estimates, which is always a good sign. However, their revenue took a hit compared to last year, mainly because some sectors are struggling.

They reported a net income of $100 million, which is down from $194 million last year. That’s a noticeable drop, but their non-GAAP earnings were better, coming in at $228 million, which beat expectations.

As for sales, they brought in $6.99 billion, down from $8.4 billion last year. Still, that was better than what analysts were predicting. The Regulated Industries segment made up a big chunk of their revenue, but it also saw a decline due to issues in the Auto & Transportation sector.

On the flip side, their Intelligent Infrastructure segment did well, contributing 36% of total revenues and showing a 5% increase year over year. The Connected Living & Digital Commerce segment really shined, with a whopping 46% increase in sales.

Looking at their cash flow, Jabil generated $312 million from operations, which is less than last year’s $448 million. They have a solid cash position, with over $2 billion in cash and equivalents.

For the next quarter, they expect revenues between $6.1 billion and $6.7 billion, with non-GAAP earnings projected between $1.60 and $2.00 per share. For the whole fiscal year, they’re aiming for around $27.3 billion in revenue.

However, it seems like estimates have been trending down lately, which isn’t great news. Jabil currently holds a Zacks Rank of #3, suggesting a hold position. So, while they’ve had a good run, it’s unclear if they can keep it up in the coming months.

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