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Jabil Circuit (JBL) down 5% premarket after an earnings miss last night that contained a weak...

Jabil Circuit (JBL) down 5% premarket after an earnings miss last night that contained a weak FQ1 outlook of core earnings of $0.51-$0.62 (vs. $0.67 expected) on revenues of $4.3B-$4.5B (vs. $4.52B). The company did still expect earnings to rise 5-10% in fiscal 2013 and authorized buybacks of up to $100M in shares.
Comments (1)
  • Maria Auziliadora
    , contributor
    Comments (628) | Send Message
     
    JBL reports billions and the company gets punished I think it is undervalued now
    26 Sep 2012, 09:01 AM Reply Like
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