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Nov 30, 2020
Jabil Q1 2021 Earnings Report
Jabil reported record quarterly results for revenue, core operating income, and core EPS, driven by its positioning as a critical supplier and a multi-year strategy to optimize its commercial portfolio.
Key Takeaways
Jabil Inc. reported record first-quarter results for fiscal year 2021, with strong revenue growth driven by its diversified manufacturing services. The company's unique positioning and optimized commercial portfolio contributed to the impressive results.
Net revenue reached $7.8 billion.
Diversified Manufacturing Services (DMS) revenue grew by 13 percent year-on-year.
Electronics Manufacturing Services (EMS) revenue decreased by 4 percent year-on-year.
Core diluted earnings per share (Non-GAAP) was $1.60.
Jabil
Jabil
Forward Guidance
Jabil expects FY21 revenue to be approximately $27.5 billion, with core margin increasing to 4.1% and core EPS to $4.60.