Quick Win By the Algorithm: SMRT Outlook Improves, Stock Rallies Past $1 Point

Quick Win by the Algorithm: SMRT

[Source: Flikr]

“We are encouraged by the sales trend we saw in February and early March driven by very strong regular-priced selling, particularly in our warm weather and resort markets where spring selling begins. These leading indicators give us confidence that comparable sales trends will dramatically improve in the first quarter as spring regular-price selling builds in other markets. With improved first quarter comparable sales, our gross profit expansion and continued expense control, we expect first-half operating income in excess of $8 million, most

Read More

Jabil Inc. Stock Forecast For 2018: JBL Rises Following Q2 Results With Strong Revenue Growth

  This article was written by Esther Hanon, a Financial Analyst at I Know First  This article was written by Esther Hanon, a Financial Analyst at I Know First

Image result for jabil inc

Source: Glassdoor, March 20th, 2018

"An empowered organization is one in which individuals have the knowledge, skill, desire, and opportunity to personally succeed in a way that leads to collective organizational success." 

--Stephen Covey

Summary:

  • Jabil’s stock rose more than 10 percent Friday on news of a well-balanced second-quarter performance that beat analysts’ expectations.
  • The company's second-quarter results, released after the close of the market Thursday, included net revenue of $5.3 billion, up more than 19 percent compared with Q1 of 2017.
  • Highlights included 38 percent revenue growth from Jabil’s diversified manufacturing operations and 7 percent growth in revenue from electronics manufacturing
  • Outlook For Gold PricesRead The Full Premium Article

    Subscribe to receive exclusive PREMIUM content Here