June 19, 2012 at 17:25 PM EDT
Jabil Circuit Q3 Earnings In Line, But Sales Miss
Contract electronics manufacturer Jabil Circuit (JBL) posted quarterly results that barely missed revenue estimates, but hit the earnings target. For its fiscal third quarter ended May 31, Jabil reported revenue of $4.25 billion, up a fraction from $4.23 billion in the year-earlier quarter. But the consensus estimate of analysts polled by Thomson Reuters called for $4.29 billion. Earnings per share minus items rose 10% to 64 cents. The company's
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