Jabil Inc. (JBL) 3Q20 Earnings Sneak Preview

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Jabil Inc. (NYSE:JBL) provider of electronic manufacturing services and solutions, is expected to report third quarter earnings results, before market open, on Friday 19th June 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.32 per share.

Looking ahead, the full year income are expected at $ 2.54 per share on the revenues of $ 25242.80 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 26,700.00 million ~ $ 26,700.00 million, where as bottomline are predicted in a range of $ 3.45 ~ $ 3.60 per share

Stock Performance

According to the previous trading day, closing price of JBL was $ 32.79, representing a 85.99 % increase from the 52 week low of $ 17.63 and a 25.81 % decrease over the 52 week high of $ 44.20.

The company has a market capital of $ 4.94 billion and is part of the Technology sector and Contract Manufacturers industry.

Recent Stock Dividend Announcement

On April 15, 2020, the board of directors authorized quarterly dividend of $ 0.08 per share to holders of record as of the close of business on May 15, 2020, with payment date of June 3, 2020 and ex-dividend date on May 14, 2020.

Conference Call

Jabil Inc. will be hosting a conference call at 8:30 AM eastern time on 19th June 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (877) 407-6184 Toll Free, (United States) or (201) 389-0877 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website 78449.themediaframe.com/dataconf/productusers/jbl/mediaframe/38702/indexl.html

Jabil Inc. provides electronic manufacturing services and solutions worldwide. The company operates through two segments, Electronics Manufacturing Services and Diversified Manufacturing Services.