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Jabil Inc. (JBL) provides manufacturing services and solutions worldwide. 
The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It offers electronics design, production, and product management services.
The company provides electronic circuit design services, such as application-specific integrated circuit design, firmware development and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA). It also specializes in the three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as offers various industrial design, advance mechanism development, and tooling management services.
In addition, the company provides computer-assisted design services consisting of PCBA design, and PCBA design validation and verification services; and other consulting services, including the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution manufacturing development services.
On September 27th, JBL reported Quarter August 2022 earnings of $2.47 per share on revenue of $9.0 billion. The consensus earnings estimate was $2.14 per share on revenue of $8.4 billion. Revenue grew 21.9% on a year-over-year basis.
Guided Higher: The company said it expects first quarter non-GAAP earnings of $2.00 to $2.40 per share on revenue of $9.00 billion to $9.60 billion. The prior estimate was $2.09 per share on revenue of $8.90 billion for the quarter ending November 30, 2022.
Please note, this stock reports earnings on December 27th.
Entry Point: $71.50
Stop Loss: $68.00
Trading Range: $48.80 to $72.44
Target Price: $79.00
