Jabil: Fiscal Q4 Earnings Snapshot

ST PETERSBURG, Fla. (AP) — ST PETERSBURG, Fla. (AP) — Jabil Inc. (JBL) on Wednesday reported fiscal fourth-quarter profit of $398 million.

The St Petersburg, Florida-based company said it had profit of $3.76 per share. Earnings, adjusted for stock option expense and amortization costs, were $4.40 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.06 per share.

The electronics manufacturer posted revenue of $10.62 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $9.66 billion.

For the year, the company reported profit of $1.04 billion, or $9.75 per share. Revenue was reported as $35.95 billion.

For the current quarter ending in November, Jabil expects its per-share earnings to range from $3.80 to $4.20.

The company said it expects revenue in the range of $10.6 billion to $11.4 billion for the fiscal first quarter.

Jabil expects full-year earnings to be $17.55 per share, with revenue expected to be $44.5 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBL at https://www.zacks.com/ap/JBL