Jabil Circuit Inc Q3 Earnings Rise 79%

(RTTNews) - Jabil Circuit Inc (JBL) announced a profit for its third quarter that rose from last year.

The company said its bottom line came in at $57.11 million, or $0.31 per share. This was up from $31.96 million, or $0.17 per share, in last year's third quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.2% to $4.49 billion. This was up from $4.31 billion last year.

Jabil Circuit Inc earnings at a glance:

-Earnings (Q3): $57.11 Mln. vs. $31.96 Mln. last year. -Earnings Growth (Y-o-Y): 78.7% -EPS (Q3): $0.31 vs. $0.17 last year. -EPS Growth (Y-o-Y): 82.4% -Analysts Estimate: $0.29 -Revenue (Q3): $4.49 Bln vs. $4.31 Bln last year. -Revenue Change (Y-o-Y): 4.2%

-Guidance: Next quarter EPS guidance: $0.50 - $0.74 Next quarter revenue guidance: $4.7 - $5.1 Bln