Jabil reports Q3 FY2024: revenue $6.8B, core EPS $1.89, reaffirms FY2024 core EPS $8.40

JABIL INC

2024-Q3 EPS reported $9.86 revenue$21,919,000,000

Q3 net revenue $6.8B; GAAP diluted EPS $1.06; core diluted EPS $1.89 (non-GAAP).
Core operating income (non-GAAP) $350M; GAAP operating income $261M.
Q4 FY2024 outlook: revenue $6.3-6.9B; core diluted EPS $2.03-$2.43.
FY2024 outlook reaffirmed: revenue $28.5B, core margins 5.6%, core EPS $8.40, adj. free cash flow >$1B.
CEO cites divestiture of Mobility, AI datacenter growth, and commitment to repurchase $2.5B of shares.

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