Jabil Likely To Report Lowe Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Jabil Inc. JBL is expected to release earnings results for its second quarter, before the opening bell on March 15, 2024.

Analysts expect the Saint Petersburg, Florida-based company to report quarterly earnings at $1.66 per share, down from $1.88 per share in the year-ago period. Jabil is projected to report quarterly revenue of $6.89 billion, according to data from Benzinga Pro.

On Jan. 25, Jabil announced that its board declared a quarterly dividend of 8 cents per share of common stock.

Jabil shares fell 0.9% to close at $147.46 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Goldman Sachs analyst Mark Delaney maintained a Buy rating and raised the price target from $141 to $161 on March 4, 2024. This analyst has an accuracy rate of 74%.
• Stifel analyst Matthew Sheerin maintained a Buy rating and boosted the price target from $135 to $140 on Dec. 15, 2023. This analyst has an accuracy rate of 77%.
• JP Morgan analyst Samik Chatterjee maintained an Overweight rating and cut the price target from $150 to $146 on Nov. 29, 2023. This analyst has an accuracy rate of 72%.
• Barclays analyst George Wang maintained an Overweight rating and cut the price target from $144 to $135 on Nov. 29, 2023. This analyst has an accuracy rate of 85%.
• Raymond James analyst Melissa Fairbanks maintained a Strong Buy rating and boosted the price target from $120 to $160 on Oct. 11, 2023. This analyst has an accuracy rate of 80%.

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