Jabil Circuit 3Q Earnings Pregame Scorecard
Last quarter Jabil Circuit missed analysts' estimates, but it gets a a chance to make up for it when it announces earnings on Tuesday, June 19, 2012.
Expectations
Analysts currently expect Jabil Circuit to come in with earnings of 56 cents per share on revenues of $4.3 billion. Analysts gave estimates ranging from 55 cents per share to 58 cents per share. The average estimate has shown no movement over the last three months.
Last Quarter's Results
In the second quarter, profit rose 76.3% to $97.7 million (46 cents a share) from $55.4 million (25 cents a share) the year earlier, but fell short analyst expectations. Revenue rose 7.8% to $4.24 billion from $3.93 billion.
Stock Ratings
Analysts are bullish on the stock as eight analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Stock Movement
The stock fell $2.62 per share between May 2, 2012 and May 7, 2012. Looking at change over the last three months, March 16, 2012 and June 12, 2012, the stock price fell $7.47 (-27.9%), from $26.82 to $19.35.
Company Fundamental Trends
Summary
Reporting Period: 3Q
Date of Release: Tuesday, June 19, 2012
EPS: 56 cents
Revenue Estimate: $4.3 billion