Jabil Circuit, Inc. (JBL) Posts Q3 Loss of 6c/Share; Guides Inline Q4 EPS, Revs

Jabil Circuit, Inc. (NYSE: JBL) reported Q3 EPS of ($0.06), $0.03 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $3.79 billion versus the consensus estimate of $3.6 billion.

Jabil Circuit sees Q4 2014 EPS of ($0.10) - $0.10, versus the consensus of $0.02 and revenue of $3.7 - $3.9 million, versus the consensus of $3.78 million.

Jabil reaffirmed FY2014 guidance.

“Our third fiscal quarter performed largely as planned and is highlighted by a strong balance sheet performance, driven by significant cash flow from operations and a total cash position of $1.3 billion,” said Forbes Alexander, Chief Financial Officer. “We believe the strength of our balance sheet positions us well as we consider strategic investments in key growth areas in fiscal 2015,” he added.

For earnings history and earnings-related data on Jabil Circuit, Inc. (JBL) click here.

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