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Feb 29, 2024
Jabil Q2 2024 Earnings Report
Jabil's financial performance remained resilient despite revenue headwinds, with strong core operating margins and free cash flow.
Key Takeaways
Jabil Inc. reported its second quarter fiscal year 2024 results with a net revenue of $6.8 billion and a GAAP operating income of $1.1 billion. The company's core operating income was $338 million and core diluted earnings per share was $1.68.
Net revenue was reported at $6.8 billion.
U.S. GAAP operating income reached $1.1 billion.
U.S. GAAP diluted earnings per share was $7.31.
Core operating income (Non-GAAP) amounted to $338 million.
Forward Guidance
Jabil anticipates net revenue between $6.2 billion and $6.8 billion, U.S. GAAP operating income between $221 million and $301 million, U.S. GAAP diluted earnings per share between $0.82 and $1.38, core operating income (Non-GAAP) between $325 million and $385 million, and core diluted earnings per share (Non-GAAP) between $1.65 and $2.05 for the third quarter of fiscal year 2024.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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