Stock Analysis

Jabil Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Published
NYSE:JBL

Jabil (NYSE:JBL) Full Year 2024 Results

Key Financial Results

  • Revenue: US$28.9b (down 17% from FY 2023).
  • Net income: US$1.39b (up 70% from FY 2023).
  • Profit margin: 4.8% (up from 2.4% in FY 2023).
  • EPS: US$11.34 (up from US$6.15 in FY 2023).
NYSE:JBL Earnings and Revenue Growth October 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Jabil Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 5.4%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 7.5% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Jabil (including 1 which shouldn't be ignored).

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.