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Jabil Expects Q3 Net Revenue of $6.2B-$6.8B Vs $7.37B Est and Adj EPS of $1.65-$2.05 Vs $2.12 Est, FY24 Revenue of $28.5B (Prior $$30.6B) Vs $30.5B Est, Adj EPS of $8.40 (Prior $9.00) Vs $8.99 Est

Author: Benzinga Newsdesk | March 15, 2024 07:56am

Third Quarter of Fiscal Year 2024 Outlook:

• Net revenue

 

$6.2 billion to $6.8 billion

 

• U.S. GAAP operating income (1)

 

$221 million to $301 million

 

• U.S. GAAP diluted earnings per share (1)

 

$0.82 to $1.38 per diluted share

 

• Core operating income (Non-GAAP) (2)

 

$325 million to $385 million

 

• Core diluted earnings per share (Non-GAAP) (2)

 

$1.65 to $2.05 per diluted share

 

 

Fiscal Year 2024 Updated Outlook:

• Net revenue

 

$28.5 billion

• Core operating margin (Non-GAAP)

 

5.6%

• Core diluted earnings per share (Non-GAAP)

 

$8.40 per diluted share

• Adjusted free cash flow (Non-GAAP)

 

$1+ billion

Posted In: JBL

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