Jabil Circuit posts
FeedPosted Sep 30th 2009 9:00AM by Steven Mallas (RSS feed)
Filed under: Earnings reports, Technology
Jabil Circuit (NYSE: JBL), a provider of solutions to the electronics industry, as well as a business that counts Flextronics (NASDAQ: FLEX) as a colleague, has been in an uptrend. If you check out a year-to-date chart for the company's stock, you'll understand what I mean. And frankly, I admit that I've been too bearish on this situation. When I pontificated on Jabil's Q3 results, I didn't think the company was a strong idea. Well, it's gone up since then.
So, what should we make of the Q4 results, which were reported Tuesday after the bell? Again, we see big declines. Net sales dropped 15%, and earnings per diluted share on an adjusted basis plunged to 16 cents from the 30 cents seen in the year-ago period.
Continue reading Jabil Circuit beats by wide margin in Q4
Posted Sep 27th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Darden Restaurants (DRI), NIKE, Inc'B' (NKE), Economic data
Autumn has arrived and the quarter winds down this week. The Dow has been inching toward 10,000 for a while now, though it closed lower in the past three sessions. Can it make it to 10,000 for the start of the third quarter? If so, what will push it higher? If not, what will drag it down further?
Continue reading The week in preview: Is the rally over?
Posted Jun 27th 2009 9:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Walgreen Co (WAG), Bed Bath and Beyond (BBBY), Kroger Co (KR), ConAgra Foods (CAG), Darden Restaurants (DRI), NIKE, Inc'B' (NKE), KB HOME (KBH), Lennar Corp'A' (LEN), Oracle Corp (ORCL), Red Hat Inc (RHT), CKE Restaurants (CKR), Rite Aid Corp (RAD), Potash Corp. of Saskatchewan (POT)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Nike, Oracle, Kroger, Walgreen, Monsanto, KB Home ...
Posted Jun 21st 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Walgreen Co (WAG), Darden Restaurants (DRI), NIKE, Inc'B' (NKE), KB HOME (KBH), Oracle Corp (ORCL), Economic data
Continue reading The week in preview: End-of-quarter earnings expectations: Nike, Oracle, Walgreen ...
Posted Mar 28th 2009 11:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Walgreen Co (WAG), Best Buy (BBY), Carnival Corp (CCL), Tiffany and Co (TIF), ConAgra Foods (CAG), Research in Motion (RIMM), KB HOME (KBH)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Best Buy, Walgreen, Tiffany, Research in Motion, KB Home and more
Posted Mar 25th 2009 9:00AM by Steven Mallas (RSS feed)
Filed under: Earnings reports, Microsoft (MSFT), Apple Inc (AAPL)
Electronics manufacturer Jabil Circuit (NYSE: JBL), a colleague of Flextronics (NASDAQ: FLEX), reported earnings for the second quarter on Tuesday after the market closed for the day.
The results didn't get me too excited, but the market did buy the stock in the after-hours session, sending the shares higher by well over 4%. I guess we'll have to agree to disagree.
On an adjusted basis, Jabil earned 13 cents per diluted share. That beat estimates by a penny. However, the bottom line dropped by 35%. Furthermore, the top line had shed over 5% during the quarter.
Continue reading Jabil Circuit beats the analysts, but risks remain
Posted Jun 27th 2008 12:51PM by Larry Schutts (RSS feed)
Filed under: Earnings reports, Analyst upgrades and downgrades, Cisco Systems (CSCO), Hewlett-Packard (HPQ), Nokia Corp. (NOK), Technical Analysis, Stocks to Buy
Jabil Circuit (NYSE: JBL) is
a leading electronics manufacturing services firm, providing comprehensive design, manufacturing and product management services to global electronics and technology companies. The firm works for original equipment makers in the automotive, storage, medical, networking, telecommunications, computer and consumer products industries. Top customers include Cisco Systems (NASDAQ: CSCO), Hewlett-Packard (NYSE: HPQ) and Nokia (NYSE: NOK).
The company had good news for investors earlier in the week, when it reported fiscal Q3 EPS of 26 cents and revenues of $3.09 billion. Analysts had been looking for 20 cents and $3.08 billion. Management also guided Q4 EPS to 29-33 cents (29 cent consensus) and Q4 revenues to $3.2-$3.3 billion ($3.19B consensus). Credit Suisse subsequently reiterated its "neutral" rating on the stock, but RBC Capital Markets repeated an "outperform" recommendation and Needham said "buy" again.
Continue reading Jabil Circuit (JBL): Price defines bullish 'flag' pattern
Posted May 13th 2008 2:23PM by Eliza Popescu (RSS feed)
Filed under: Forecasts, Bargain stocks, Stocks to Buy, Best Stocks for 2008
Most of us would be thrilled to invest in a stock that doubles our money, but it certainly isn't easy to find these stocks. According to data provider Capital IQ, in the last year only 1.4% of 6,700 stocks trading on the U.S. exchanges were able to double their price.
BusinessWeek started hunting some of these potentially great stocks by asking fund managers to choose those firms expected to provide 100% returns in the next few years. Of course, the resulting list is by no means a sure thing, since major factors such as the ongoing credit crisis and challenging market conditions could affect results in unpredictable ways.
But let's look at some of the strategies used when picking high-potential stocks.
Mary Lisanti, portfolio manager at the Adams Harkness Small Cap Growth Fund, focuses on young companies in the small-cap segment. She points to stocks like Rubicon Technology (NASDAQ: RBCN) and Titan Machinery Inc. (NASDAQ: TITN), saying that investors can have a big advantage when they recognize potential before the market does.
Continue reading BusinessWeek picks stocks that could double
Posted Mar 26th 2008 10:22AM by Eliza Popescu (RSS feed)
Filed under: Earnings reports, Forecasts, Bad news

Shares of electronic parts manufacturer
Jabil Circuit Inc. (NYSE:
JBL) have been plunging this morning, despite the firm posting
better-than-expected second quarter earnings per share.
Hurting the stock this morning is the company's third-quarter
guidance, which came in well below analysts' predictions.
Jabil Circuit reported yesterday evening a second-quarter loss of $24 million or 12 cents per share, hurt by restructuring charges. Excluding costs related to restructuring and impairment, Jabil's earnings number would have come at 20 cents per share. Analysts' forecast (which typically exclude one time items) was for 13 cents per share in the quarter.
The company posted a 4% rise in its second-quarter revenue to $3.1 billion, up from $2.9 billion a year earlier. Analysts, on average, expected Jabil Circuit
show revenue of $3.05 billion in the quarter, according to FactSet Research.
Continue reading Jabil Circuit (JBL) plunges on disappointing earnings outlook
Posted Mar 26th 2008 9:00AM by Paul Foster (RSS feed)
Filed under: Options
Jabil Circuit (NYSE: JBL) is recently trading at $9.90 in pre-open trading, below its close of $11.38.
JBL lowered it fiscal-year guidance and forecast third-year quarter below analyst expectations.
Jefferies says: "The combination of a challenging economy, a slowdown in new program ramps and a reconfiguration of the consumer electronics business continues to keep us cautious on JBL."
JBL overall option implied volatility of 55 is above its 26-week average of 43 according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Posted Dec 9th 2007 10:40AM by Tom Taulli (RSS feed)
Filed under: Cisco Systems (CSCO), Motorola (MOT), Initial public offerings
Entropic Communications (NASDAQ: ENTR), which develops home networking semiconductors, tried to price its IPO at $9 to $11. But investors thought the valuation was too rich. So, the deal came out at $6 per share. In all, the company raised $41.3 million.
No doubt, Entropic is in a hot space -- helping deliver video and music to homes (through cable set-top boxes). According to a study from iSuppli, the global market for home networking silicon is forecast to grow from $1.1 billion in 2007 to $3.1 billion by 2011.
Entropic has 55 customers, which includes biggies like Motorola (NYSE: MOT) and Jabil Circuit. The company also has key strategic investors, such as Cisco (NASDAQ: CSCO).
And, for the first nine months of this year, revenues spiked from $24.9 million to $82.4 million.
The lead underwriters include Credit Suisse (NYSE: CS) and Lehman Brothers (NYSE: LEH). You can find the prospectus at the SEC website. Also, for other recent IPO information, visit DealProfiles.com.
Tom Taulli is the author of various books, including The Complete M&A Handbook
and The Edgar Online Guide to Decoding Financial Statements
.
Posted Jun 1st 2007 11:25AM by Melly Alazraki (RSS feed)
Filed under: Analyst upgrades and downgrades, Dell (DELL), Cintas Corp (CTAS), RadioShack Corp (RSH)

MOST NOTEWORTHY: Labopharm (DDSS), Dell (DELL) and Nasdaq (NDAQ) were today's noteworthy downgrades:
- Labopharm Inc. (NASDAQ: DDSS) was downgraded to Neutral from Buy at Merrill Lynch and to Market Perform from Outperform at Leerink Swann after the 2nd approval letter from the FDA said Tramadol did not show efficacy. CIBC World Markets downgraded shares of Labopharm to Sector Performer from Outperformer and at Canaccord Adams to Sell from Hold.
- Dell Inc. (NASDAQ: DELL) was downgraded to Neutral from Buy at Merrill Lynch, which recommended investors take profits following the strong earnings reports. The firm does not believe the drivers behind the earnings upside are sustainable. Dell was also downgraded at Morgan Stanley, to Equal Weight from Overweight, based on valuation.
- The Nasdaq Stock Market, Inc. (NASDAQ: NDAQ) was downgraded to Equal Weight from Overweight at Lehman, as the firm believes the stock is range-bound for the next several months following the OMX acquisition announcement.
OTHER DOWNGRADES:
- Robert W Baird downgraded shares of DiamondRock Co. (NYSE: DRH) and Chesapeake Utilities Corp. (NYSE: CPK) to Neutral from Outperform on valuation.
- Bear Stearns downgraded shares of Emmis Communications Corp. (NASDAQ: EMMS) to Underperform from Peer Perform, as the firm does not believe the CEO will make another bid to take the company private.
- Matrix USA downgraded shares of Jabil Circuit Inc. (NYSE: JBL) to Hold from Buy.
- Morgan Stanley downgraded shares of Cintas Corp. (NASDAQ: CTAS) Underweight from Equal Weight, citing growth concerns, and downgraded shares of Virgin Media Inc. (NASDAQ: VMED) to Equal Weight from Overweight, citing higher customer churn and weaker pricing power.
- Goldman Sachs downgraded shares of RadioShack Corp. (NYSE: RSH) to Neutral from Buy.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).