Jabil Inc. (JBL) Q4 2023 Earnings Call Transcript

Sep. 28, 2023 12:39 PM ETJabil Inc. (JBL) StockJBL
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Q4: 2023-09-28 Earnings Summary

EPS of $2.45 beats by $0.13
 | Revenue of $8.46B (-6.33% Y/Y) misses by $87.85M

Jabil Inc. (NYSE:JBL) Q4 2023 Earnings Conference Call September 28, 2023 8:30 AM ET

Company Participants

Adam Berry - Vice President of Investor Relations
Kenny Wilson - Chief Executive Officer
Fred McCoy - Executive Vice President of Global Business Units
Mike Dastoor - Chief Financial Officer

Conference Call Participants

Ruplu Bhattacharya - Bank of America
Steven Fox - Fox Advisors
Matt Sheerin - Stifel
Mark Delaney - Goldman Sachs
David Vogt - UBS
George Wang - Barclays
Joe Cardoso - JPMorgan

Operator

Hello, and welcome to the Jabil Fourth Quarter and Fiscal Year 2023 Earnings Call Webcast and Investor Briefing. [Operator Instructions] A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It's now my pleasure to turn the call over to Adam Berry, Vice President of Investor Relations. Adam, please go ahead.

Adam Berry

Good morning, and welcome to our call today. My name is Adam Berry. I'm Head of Investor Relations, and this is our Q4 earnings call and the sixth annual investor briefing.

Joining me on today's call are Chief Executive Officer, Kenny Wilson; EVP of Global Business Units, Fred McCoy; and Chief Financial Officer, Mike Dastoor.

For the sixth straight year, we're going to use this session today to accomplish the following: review our fourth quarter and fiscal 2023 results; discuss the trends underway within the end markets we serve; provide an update for our pending transaction to sell the Mobility business to BYD Electronics; refresh our capital allocation policy given the pending deal; offer a thoughtful fiscal '24 outlook that demonstrates enterprise level growth in some key areas while also remaining sensible and grounded given the realities of the dynamic global macro environment surrounding us today; and finally, we'll do our very best to walk through the many moving pieces we foresee in the upcoming year

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