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Nov 30, 2023
Jabil Q1 2024 Earnings Report
Jabil's first quarter results reflected a broad-based softening in demand, but the team delivered good year-over-year growth in core margins and core earnings per share.
Key Takeaways
Jabil Inc. reported its first quarter fiscal year 2024 results, revealing net revenue of $8.4 billion and U.S. GAAP diluted earnings per share of $1.47. The results were impacted by a broad-based softening in demand during the quarter.
Net revenue was $8.4 billion.
U.S. GAAP operating income was $303 million.
U.S. GAAP diluted earnings per share was $1.47.
Core diluted earnings per share (Non-GAAP) was $2.60.
Forward Guidance
Jabil provided outlook for the second quarter of fiscal year 2024, including net revenue between $7.0 billion and $7.6 billion, and U.S. GAAP diluted earnings per share between $0.77 and $1.37.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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