Recap: Jabil Q4 Earnings

JabilJBL stock rose by 2% on Thursday after the company reported its Q4 earnings results on Wednesday, September 29, 2021 at 07:45 AM.

Here's what investors need to know about the announcement.

Jabil beat their estimated earnings by 4.35%, which did not surprise analysts.

Revenue was up $109,000,000 from the same period last year.

Last quarter the company beat on EPS by $0.26, which was followed by a 3.75% drop in the share price the next day.

Here's a look at Jabil's past performance and the resulting price change:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.38	1.04	0.95	1.27	0.66
EPS Actual	1.44	1.30	1.27	1.60	0.98
Price Change %	1.99%	-3.75%	1.09%	-3.77%	-2.82%

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Jabil management provided guidance for their next quarter, expecting earnings between $1.7 and $1.9 per share for the nextquarter.

This represents a 25.0% in quarter-over-quarter growth for Jabil, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

Earnings Calendar