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Feb 28, 2022
Jabil Q2 2022 Earnings Report
Jabil reported strong Q2 results driven by outstanding operational execution and skillful management of supply chain dynamics.
Key Takeaways
Jabil Inc. reported a strong second quarter with net revenue of $7.6 billion and U.S. GAAP diluted earnings per share of $1.51. The company's performance was driven by excellent operational execution and skillful management of current supply chain dynamics. Jabil also raised its financial outlook for fiscal year 2022.
Net revenue reached $7.6 billion.
DMS year-on-year revenue grew by 4 percent.
EMS year-on-year revenue grew by 19 percent.
U.S. GAAP diluted earnings per share was $1.51.
Jabil
Jabil
Forward Guidance
Jabil expects strong financial performance, supported by secular tailwinds and momentum in key end-markets. The company is raising its financial outlook for fiscal year 2022.
Positive Outlook
- Net revenue is projected to be between $7.9 billion and $8.5 billion.
- U.S. GAAP operating income is projected to be between $276 million and $336 million.
- U.S. GAAP diluted earnings per share is projected to be between $1.24 and $1.64.
- Core operating income (Non-GAAP) is projected to be between $300 million and $360 million.
- Core diluted earnings per share (Non-GAAP) is projected to be between $1.40 and $1.80.