Jabil falls despite a fiscal Q4 beat, as investors weigh capacity spending
+4.51% to $299.79 from $286.86
What moved JBL
- Jabil reported fiscal fourth-quarter core earnings of $4.40 per share on revenue of $10.6 billion, both above Wall Street forecasts of $4.06 per share and $9.69 billion.
- Revenue rose 29% from a year earlier and core earnings climbed 34%.
- Shares fell as investors focused on the company’s heavy capacity buildout and back-end-loaded margin profile rather than the headline beat.
Sources: Investing.com