
Jabil Inc. reported its fourth-quarter and Fiscal Year 2024 earnings, surpassing expectations with an adjusted EPS of $2.30 compared to the estimated $2.22. The company's sales reached $6.96 billion, exceeding the forecasted $6.59 billion. Additionally, Jabil announced a share buyback program of up to $1 billion. The stock rose by 8.4% in pre-market trading following the positive results and restructuring plans. Meanwhile, TD SYNNEX also reported its fiscal third-quarter results, with revenue of $14.7 billion, which was at the upper end of its outlook. Despite an EPS of $2.80, its fourth-quarter profit outlook disappointed, causing a 1.2% drop in pre-market trading. The company's shares have dropped by 1.3% to $117.29.
$SNX (-1.2% pre) Earnings Snapshot: TD SYNNEX tops FQ3 estimates, FQ4 profit outlook disappoints - SA https://t.co/tuk6hAOiIB
$SNX Earnings: - Revenue of $14.7 billion, at the upper end of our outlook of $13.3 - $14.9 billion. - Non-GAAP gross billings of $20.3 billion, above the high end of our outlook of $18.9 - $20.1 billion. - Net income of $179 million, and non-GAAP net income of $245 million,… https://t.co/bKPgvsrrHg
$CNXC (-11.2% pre) Concentrix Non-GAAP EPS of $2.87 misses by $0.06, revenue of $2.38B in-line - SA https://t.co/cH1pOyd99E


