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Jabil (JBL) Q1 Earnings: What To Expect

JBL Cover Image

Electronics manufacturing services provider Jabil (NYSE: JBL) will be reporting results this Wednesday morning. Here’s what to look for.

Jabil beat analysts’ revenue expectations last quarter, reporting revenues of $8.31 billion, up 18.7% year on year. It was an exceptional quarter for the company, with revenue guidance for next quarter exceeding analysts’ expectations and an impressive beat of analysts’ EPS guidance for next quarter estimates.

Is Jabil a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Jabil’s revenue to grow 15.2% year on year, improving from its flat revenue in the same quarter last year.

Jabil Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Jabil rarely misses Wall Street’s revenue estimates.

With Jabil being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for tech hardware & electronics stocks. However, the whole sector has been hit hard over the last month as stocks in Jabil’s peer group are down 3.4% on average. Jabil’s stock price was unchanged during the same time .

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