Jabil Q3 2020 Earnings Report
Key Takeaways
Jabil reported net revenue of $6.3 billion for the third quarter of fiscal year 2020. The company's DMS segment saw a 13% year-on-year revenue growth, while the EMS segment experienced a 2% decrease. The company's U.S. GAAP operating income was $59.4 million, and core operating income (Non-GAAP) was $172.1 million.
Net revenue: $6.3 billion
Diversified Manufacturing Services (DMS) year-on-year revenue growth: 13 percent
Electronics Manufacturing Services (EMS) year-on-year revenue decrease: 2 percent
Core diluted earnings per share (Non-GAAP): $0.37
Jabil
Jabil
Forward Guidance
Jabil expects net revenue between $5.8 billion and $6.6 billion. U.S. GAAP operating income is expected to be between $79 million and $189 million. Core operating income (Non-GAAP) is expected to be between $145 million and $245 million.
Positive Outlook
- Net revenue $5.8 billion to $6.6 billion
- U.S. GAAP operating income $79 million to $189 million
- U.S. GAAP diluted earnings per share $0.04 to $0.50 per diluted share
- Core operating income (Non-GAAP) $145 million to $245 million
- Core diluted earnings per share (Non-GAAP) $0.46 to $0.86 per diluted share
Challenges Ahead
- Diversified Manufacturing Services revenue Decrease 1 percent year-on-year
- Electronics Manufacturing Services revenue Decrease 8 percent year-on-year
- Total company revenue Decrease 5 percent year-on-year