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Technology Stocks : Jabil Circuit (JBL)
JBL 218.17+4.3%Nov 5 3:59 PM EST

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To: Michael H who wrote (6072)9/17/2002 9:27:20 AM
From: Asymmetric  Read Replies (1) of 6317
 
Wall St Looks for Inline Earnings Report on Thurs

(Briefing.Com) Jabil Circuit (JBL) 17.48 -0.41: Wall Street looks for co to post an in-line Q4 when JBL reports this Thurs. Goldman Sachs predicts in-line results (revs of $931 mln & $0.14 EPS) including modest q/q improvement of key operating metrics; expects little impact to shares on their expectation mgmt will not boost guidance. Soundview similarly anticpates JBL to report in-line with previous guidance and for mgmt to be conservative on Q1 guidance. Bear Stearns is more optimistic and expects Q4 to be the first positive y/y comparison for revenue and earnings in 5 qtrs, with the primary revenue drivers the new outsourcing contracts (both OEM divestitures and organic programs).
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