In the closing of the recent trading day, Jabil (JBL) stood at $102.13, denoting a +0.24% change from the preceding trading day.

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Weakness in some of Jabil's end markets such as automotive and medical has weighed on the stock this year. The company could get a boost thanks to the growing adoption of AI in data centers and smartphones.

Jabil Inc. JBL posted better-than-expected third-quarter results on Thursday.

Jabil Inc. beat Q3 earnings estimates on the top and bottom lines, showing resilience despite recent challenges. Company repositioning towards data center business, aiming to improve margins and revenue growth. Valuation still indicates caution, with uncertainties in end markets and slow growth projections for FY25.

Jabil Inc. (NYSE:JBL ) Q3 2024 Earnings Call Transcript June 20, 2024 8:30 AM ET Company Participants Adam Berry - VP of IR Greg Hebard - CFO Mike Dastoor - CEO Conference Call Participants Ruplu Bhattacharya - Bank of America Merrill Lynch Steven Fox - Fox Advisors George Wang - Barclays Matt Sheerin - Stifel Mark Delaney - Goldman Sachs Operator Greetings, and welcome to the Jabil Third Quarter of Fiscal Year 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Jabil (JBL) reports a top-line contraction year over year in the third quarter of fiscal 2024, owing to weakness in several verticals. Solid growth in free cash flow is a tailwind.

Jabil (JBL) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.99 per share a year ago.

Electronic components maker Jabil Inc on Thursday posted better-than-expected quarterly results, indicating recovery in demand in its 5G, AI datacenter markets after a sluggish period.

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its third quarter of fiscal year 2024. “It's clear that Jabil has navigated a period of significant transformation this fiscal year: a year in which we divested our Mobility business, captured growth in the AI datacenter space, and experienced softness across multiple end-markets,” said CEO Mike Dastoor. “Despite these moving pieces, we remain on track to deliver 5.6% in c.

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