Jabil Completes Divestiture Of Mobility Business To BYD Electronic (International) Company For $2.2B, Lowers Q2 Net Revenue Outlook To $6.6B-$7.2B From $7B-$7.6B (Consensus: $7.34B); Sees Q2 Adjusted EPS Of $1.43-$1.83 From $1.73-$2.13 (Consensus:...

0.00%

+0.48%

BYD ELECTRONIC INTERNATIONAL CO. LT

BYDIF

4.31

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Jabil Circuit, Inc.

JBL

222.02

+0.48%

Jabil lowers FY24 revenue outlook to $30.6 billion from $31 billion (Consensus: $31.28 billion). Company reiterates FY24 core operating margin of 5.3% to 5.5%. Core diluted earnings per share (non-GAAP) is expected to be $9.00+ per diluted share.

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