Jabil Circuit Inc Profit Advances 11% In Q2

(RTTNews) - Jabil Circuit Inc (JBL) revealed earnings for its second quarter that increased from last year.

The company said its bottom line climbed to $109.3 million, or $0.57 per share. This was up from $98.3 million, or $0.50 per share, in last year's second quarter.

Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.3% to $4.4 billion. This was up from $4.3 billion last year.

Jabil Circuit Inc earnings at a glance:

-Earnings (Q2): $109.3 Mln. vs. $98.3 Mln. last year. -Earnings Growth (Y-o-Y): 11.2% -EPS (Q2): $0.57 vs. $0.50 last year. -EPS Growth (Y-o-Y): 14.0% -Analysts Estimate: $0.60 -Revenue (Q2): $4.4 Bln vs. $4.3 Bln last year. -Revenue Change (Y-o-Y): 2.3%

-Guidance: Next quarter EPS guidance: $0.12 - $0.18 Next quarter revenue guidance: $4.1 - $4.3 Bln Full year EPS guidance: $2.12 Full year revenue guidance: $18.5 Bln