Previous close | 71.91 |
Open | 71.91 |
Bid | 68.10 |
Ask | 71.40 |
Strike | 60.00 |
Expiry date | 2025-01-17 |
Day's range | 57.07 - 71.91 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Jabil (JBL) reports a top-line contraction year over year in the third quarter of fiscal 2024, owing to weakness in several verticals. Solid growth in free cash flow is a tailwind.
Stock in Jabil a large supplier of electronic parts, including to Apple fell hard on Thursday after management called out “softness” in several markets. The Florida-based company posted $1.89 per share in core adjusted earnings for its third fiscal quarter, ended in May, beating the consensus forecast of $1.85 among analysts tracked by FactSet who cover the stock. Jabil’s stock surged as much as 6.8% in premarket trading on Thursday, but fell shortly after an investor call with management to discuss the results.