Thu Sep 26 12:58:37 UTC 2024: ## Jabil (JBL) Updates Earnings Guidance, Announces Dividend

**New York, NY** – Jabil Inc. (NYSE: JBL), a global provider of manufacturing services and solutions, issued updated guidance for its first quarter earnings on Thursday morning. The company expects to report earnings per share (EPS) of $1.65-$2.05, falling short of analysts’ estimates of $1.83.

Jabil also provided revenue guidance of $6.3-$6.9 billion, slightly lower than the consensus estimate of $6.49 billion. For the full fiscal year 2025, the company anticipates EPS of $8.65-$8.650.

Jabil’s stock opened at $113.43 on Thursday, with a 52-week low of $95.85 and a 52-week high of $156.94.

The company also declared a quarterly dividend of $0.08, payable on Wednesday, September 4th to investors of record on Thursday, August 15th. This translates to a $0.32 annualized dividend and a yield of 0.28%.

In recent insider transactions, SVP May Yee Yap sold 4,274 shares on July 16th at an average price of $117.04, while EVP Frederic E. Mccoy sold 1,250 shares on July 15th at an average price of $116.42.

Company insiders currently own 2.62% of Jabil’s stock.

**About Jabil**

Jabil Inc. provides manufacturing services and solutions globally, operating in two segments: Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers a wide range of services, including electronics design, production, and product management.

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