Jabil Q4 2021 Earnings Report
Key Takeaways
Jabil Inc. reported strong Q4 and FY21 results. Q4 net revenue was $7.4 billion, with DMS revenue growing 10% year-on-year and EMS revenue decreasing 6%. The company's GAAP EPS was $1.16, and non-GAAP EPS was $1.44.
Net revenue for Q4 reached $7.4 billion.
Diversified Manufacturing Services (DMS) saw a 10% year-on-year revenue growth in Q4.
Electronics Manufacturing Services (EMS) experienced a 6% year-on-year revenue decrease in Q4.
U.S. GAAP diluted earnings per share were reported at $1.16 for Q4.
Jabil
Jabil
Forward Guidance
Jabil anticipates continued positive momentum into FY22, driven by secular growth in vehicle electrification, connected healthcare, and infrastructure development. For the first quarter of fiscal year 2022, the company projects net revenue between $8.0 billion and $8.6 billion, U.S. GAAP operating income between $321 million and $381 million, and U.S. GAAP diluted earnings per share between $1.41 and $1.61.
Positive Outlook
- Net revenue between $8.0 billion and $8.6 billion
- U.S. GAAP operating income $321 million to $381 million
- U.S. GAAP diluted earnings per share $1.41 to $1.61 per diluted share
- Core operating income (Non-GAAP) $365 million to $425 million
- Core diluted earnings per share (Non-GAAP) $1.70 to $1.90 per diluted share