FMP

FMP

Enter

Jabil Inc. (NYSE:JBL) Surpasses Earnings Estimates

- (Last modified: Dec 19, 2024 8:49 AM)

twitterlinkedinfacebook
blog post cover photo

Image credit: Google Images

  • Jabil Inc. (NYSE:JBL) reported an EPS of $2, exceeding the estimated $1.88.
  • The company's revenue reached approximately $6.99 billion, surpassing the estimated $6.61 billion.
  • Jabil's financial metrics, including a P/E ratio of 12.83 and an earnings yield of 7.80%, highlight its market position and investment appeal.

Jabil Inc. (NYSE:JBL) is a prominent player in the electronic components manufacturing industry. The company specializes in providing design, manufacturing, and supply chain solutions. Jabil's competitors include Flex Ltd. and Celestica Inc., which also operate in the electronics manufacturing services sector. Jabil's recent financial performance has been noteworthy, as evidenced by its latest earnings report.

On December 18, 2024, Jabil reported earnings per share (EPS) of $2, surpassing the estimated $1.88. This positive performance was highlighted during the company's Q1 2025 earnings conference call, attended by key executives and analysts from major financial institutions. The call provided insights into Jabil's strategic direction and financial health, as highlighted by Seeking Alpha.

Jabil's revenue for the quarter reached approximately $6.99 billion, exceeding the estimated $6.61 billion. This strong revenue performance was driven by increased demand for data center infrastructure, a key growth area for the company. The positive results led to a 9% surge in Jabil's share price, reflecting investor confidence in the company's growth prospects.

The company's financial metrics provide further insight into its market position. Jabil's price-to-earnings (P/E) ratio of 12.83 indicates a moderate market valuation of its earnings. The price-to-sales ratio of 0.60 and enterprise value to sales ratio of 0.64 suggest a relatively low market valuation compared to its revenue, which could be attractive to investors.

Jabil's financial leverage is reflected in its debt-to-equity ratio of 2.06, indicating a higher reliance on debt financing. However, the company's current ratio of 1.06 suggests it can cover its short-term liabilities with its short-term assets. With an earnings yield of 7.80%, Jabil offers a competitive return on investment based on its earnings, appealing to potential investors.

Other Blogs

May 14, 2024 11:41 AM - Sanzhi Kobzhan

The easiest way to calculate stock’s target price and why the target price is important.

A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...

blog post title

May 24, 2024 9:30 AM - Rajnish Katharotiya

How to Access and Analyze Earnings Call Transcripts

Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...

blog post title

May 27, 2024 3:30 PM - Rajnish Katharotiya

The best 5 GPU stocks other than NVDA

In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep