Jabil Circuit Q2 EPS Misses Estimates

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Jabil Circuit (NYSE: JBL  ) fell just short of EPS estimates in its fiscal Q2 2013 results. For the quarter, revenue came in at $4.4 billion, up 4% on a year-over-year basis from the $4.2 billion in the same period of 2012. Non-GAAP net income, however, dropped to $109 million ($0.53 per diluted share) from Q4 2011's figure of $123 million ($0.58).

The revenue figure from the most recent quarter met analyst projections, but the electronics manufacturer's EPS narrowly missed expectations of $0.54.

Of Jabil Circuit's three reporting segments, revenues from two increased on a year-over-year basis: diversified manufacturing services, up 11%; and enterprise and infrastructure, up 12%. The decliner was high velocity, which fell 15%.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2324087, ~/Articles/ArticleHandler.aspx, 10/1/2016 3:22:50 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 18 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:00 PM
JBL $21.82 Up +0.07 +0.32%
Jabil Circuit CAPS Rating: ***