Jabil: Positive EPS Growth Inflection Expected, Low P/E Today
Jabil(JBL) Seeking Alpha·2024-09-03 21:33
Sundry Photography This past earnings season was one for the books. While the S&P 500 EPS growth rate will clock in north of 10% for Q2, reactions to reports were historically volatile. According to Goldman Sachs, at 4.9%, the typical stock price swing post-earnings was the greatest since 2009. We saw that play out anecdotally in shares of Jabil Inc. (NYSE:JBL). The stock plunged 11.4% after its FQ Q3 update back on June 20. The company is an off-season reporter, and its Q4 earnings snapshot is unconfirmed ...