Bartosiak: Trading Jabil Circuit's (JBL) Earnings with Options

JBL

On Wednesday, September 27th, Jabil Circuit (JBL - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of A.

Dave will look at Jabil Circuit’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Jabil Circuit ahead of earnings.

Jabil Circuit in Focus

Jabil Inc., formerly Jabil Circuit, Inc., provides electronic manufacturing services and solutions throughout the world. The Company operates in two segments, which include Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). The Company's EMS segment is focused on leveraging information technology (IT), supply chain design and engineering, technologies centered on core electronics, sharing of its large scale manufacturing infrastructure and the ability to serve a range of markets. Its DMS segment is focused on providing engineering solutions and a focus on material sciences and technologies. It provides electronic design, production and product management services to companies in the automotive, capital equipment, consumer lifestyles and wearable technologies, computing and storage, defense and aerospace, digital home, emerging growth, healthcare, industrial and energy, mobility, packaging, point of sale and printing industries.

Jabil Circuit is expected to report earnings at $0.61 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 6.90%. They reported earnings at $0.31per share, beating their estimate of $0.29. They have an average earnings surprise of 9.51% over the last 4 quarters.

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