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Feb 28, 2021
Jabil Q2 2021 Earnings Report
Jabil's second quarter performance was outstanding, driven by broad end-market strength, favorable product mix, and operational execution.
Key Takeaways
Jabil Inc. reported strong second-quarter results for fiscal year 2021, with net revenue of $6.8 billion and core operating income of $285 million. The company raised its financial outlook for the fiscal year, expecting revenue in the range of $28.5 billion and core EPS of approximately $5.
Net revenue reached $6.8 billion.
Diversified Manufacturing Services (DMS) revenue increased by 26 percent year-on-year.
Electronics Manufacturing Services (EMS) revenue decreased by 1 percent year-on-year.
U.S. GAAP diluted earnings per share was $0.99.
Jabil
Jabil
Forward Guidance
Jabil expects FY21 to deliver revenue in the range of $28.5 billion and core EPS of approximately $5.
Positive Outlook
- Net revenue $6.6 billion to $7.2 billion
- U.S. GAAP operating income $188 million to $238 million
- U.S. GAAP diluted earnings per share $0.69 to $0.89 per diluted share
- Core operating income (Non-GAAP) $220 million to $270 million
- Core diluted earnings per share (Non-GAAP) $0.90 to $1.10 per diluted share