Jabil Reports 1Q Results
On Wednesday, Jabil Circuit JBL reported results for its fiscal first quarter ending Nov. 30. On the basis of the limited information provided, we are comfortable with Jabil's performance and are...
View ArticleJabil's Current on Financials
After completing a lengthy internal investigation of option backdating, Jabil Circuit JBL has released all delinquent financial statements for the past three quarters. Jabil's audit committee found no...
View ArticleJabil Reports 2Q Results
On Tuesday, Jabil Circuit JBL reported financial results for its fiscal second quarter that were roughly in line with our already low expectations. However, management painted a bleaker picture for the...
View ArticleJabil Reports, Outlines Strategic Goals
Jabil Circuit JBL reported strong fiscal fourth-quarter results to end a very solid year for the electronic services manufacturer (EMS). Revenues rose 12% sequentially, as each of the company's end...
View ArticleJabil Reports 2Q Results
Jabil Circuit JBL reported its fiscal second-quarter results March 24, and we are lowering our fair value estimate to reflect the fact the global economic recession is affecting the company's...
View ArticleJabil to Report 2Q
Jabil Circuit JBL will report second-quarter earnings results on March 22. We are currently projecting year-over-year revenue growth of just more than 20% for the quarter, driven by demand in the...
View ArticleJabil Reports 3Q Results
Jabil Circuit JBL reported its fiscal third-quarter results, and though sales seem to be stabilizing, profitability remains challenged. Sales were $2.6 billion in the quarter ended May 31, 15% below...
View ArticleJabil Reports 1Q Results
Jabil Circuit JBL reported first-quarter financial results Friday that were roughly in line with our expectations, and we are maintaining our fair value estimate. We expect the company to suffer from...
View ArticleJabil Earnings Preview
Jabil Circuit JBL will be reporting its fiscal second-quarter earnings on March 24, which we expect will be poor. Sales are certain to shrink this quarter, as both market conditions and demand...
View ArticleJabil Announces Acquisition
On Monday, Jabil Circuit JBL announced it would acquire Varian's electronics manufacturing services segment for $195 million in cash. Management expects the deal to close in March 2005. We are...
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