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Exploring Analyst Estimates for Jabil (JBL) Q2 Earnings, Beyond Revenue and EPS
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Analysts on Wall Street project that Jabil (JBL - Free Report) will announce quarterly earnings of $2.50 per share in its forthcoming report, representing an increase of 28.9% year over year. Revenues are projected to reach $7.75 billion, increasing 15.2% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Jabil metrics that are commonly monitored and projected by Wall Street analysts.
The average prediction of analysts places 'Revenue- Regulated Industries' at $2.78 billion. The estimate suggests a change of +1.4% year over year.
According to the collective judgment of analysts, 'Revenue- Connected Living and Digital Commerce' should come in at $1.21 billion. The estimate points to a change of -9.7% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenue- Intelligent Infrastructure' will likely reach $3.76 billion. The estimate indicates a year-over-year change of +42.1%.
Over the past month, Jabil shares have recorded returns of +0.4% versus the Zacks S&P 500 composite's -2.3% change. Based on its Zacks Rank #3 (Hold), JBL will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Exploring Analyst Estimates for Jabil (JBL) Q2 Earnings, Beyond Revenue and EPS
Analysts on Wall Street project that Jabil (JBL - Free Report) will announce quarterly earnings of $2.50 per share in its forthcoming report, representing an increase of 28.9% year over year. Revenues are projected to reach $7.75 billion, increasing 15.2% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Jabil metrics that are commonly monitored and projected by Wall Street analysts.
The average prediction of analysts places 'Revenue- Regulated Industries' at $2.78 billion. The estimate suggests a change of +1.4% year over year.
According to the collective judgment of analysts, 'Revenue- Connected Living and Digital Commerce' should come in at $1.21 billion. The estimate points to a change of -9.7% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenue- Intelligent Infrastructure' will likely reach $3.76 billion. The estimate indicates a year-over-year change of +42.1%.
View all Key Company Metrics for Jabil here>>>Over the past month, Jabil shares have recorded returns of +0.4% versus the Zacks S&P 500 composite's -2.3% change. Based on its Zacks Rank #3 (Hold), JBL will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .