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JBL

Jabil Circuit Offers Bullish History of Adding to Earnings-Drive After-Hours Trade in Follow-On Action

Jabil Circuit ( JBL ) is due with its Q1 results in tonight's after-hours, and analysts polled by Capital IQ expect the company to report a profit of $0.80 per share on revenue of $5.20 billion.

JBL, over the last 11 years, continues to show a tendency to widen its next-day share response after an evening earnings release, doing so in 29 of the last 43 quarters we've tracked.

Looking deeper into the performance data, the stock performs well on both the long and short sides of the trade between its earnings-driven after-hours move and following day's regular session.

On the short side, JBL has seen negative post-bell earnings-driven trade in 22 events we've tracked, and in 13 of those quarters the stock has moved deeper into the red in the following day's regular session, or 59% of the time.

On the long side, JBL has recorded a positive after-hours earnings-driven move in 21 events, and it has seen a more robust upside move in the following bell-to-bell trade in 16 of those events, or 76% of the time.

On Sept. 24, 2015, JBL jumped 9.3% in after-hours action after beating Q4 expectations and issuing a bullish outlook. The shares firmed higher the following day, ending the Sept. 25 regular session with a 12.2% advance.

On June 17, 2015, JBL shed 6.7% in after-hours trade after missing Q3 sales estimates and narrowing its guidance. The stock added to its losses the next day, closing the June 18 regular session down 7.4%.

On March 18, 2015, JBL declined 1.7% in night trade despite topping Q2 expectations and setting in-line guidance. The stock reversed direction the following day, closing the March 19 regular session up 3%.

On Dec. 17, 2014, JBL advanced 4.6% in after-hours trade after posting better-than-expected results and guidance for Q1 and Q2. The stock cut its upside slightly the next day, ending the Dec. 18 regular session up 4.4%.

On Sept. 24, 2014, JBL advanced 3.8% in night trade after posting better-than-expected Q4 results and Q1 guidance. The stock reversed direction the next day, closing the Sept. 25 regular session down 2.2%.

On June 18, 2014, JBL gained 1.4% in after-hours trade after topping Q3 Street estimates. The stock leaned higher the next day, closing the June 19 regular session with a 2.6% advance.

On March 19, 2014, JBL advanced 2.6% in night trade despite posting Q2 results shy of expectations and setting its Q3 view mostly below the Street. The stock reversed direction the next day, ending the March 20 regular session down 2.8%.

On Dec. 17, 2013, JBL tumbled 14% in after-hours trade on the back of weaker-than-expected results and guidance. The stock was hammered lower the next day, closing the Dec. 18 regular session off 20.5%.

On Sept. 25, 2013, JBL shed 4% in evening trade after beating Q4 expectations but also setting its Q1 view below Street estimates. The stock tumbled lower the next day, ending down 9.9% in the Sept. 26 regular session.

On June 19, 2013, JBL dropped 1% in after-hours trade after topping Q3 expectations and setting mixed Q4 guidance. The stock reversed direction the next day, closing the June 20 regular session up 1.5%.

On March 20, 2013, JBL dropped 3.5% in night trade after reporting lower-than-expected results and guidance. The stock declined further the next day, ending the March 21 regular session off 4.5%.

On Dec. 19, 2012, JBL gained 5.8% in after-hours trade after topping Q1 estimates and setting mixed Q2 guidance. The stock advanced further the next day, closing the Dec. 20 regular session up 7.4%.

On Sept. 25, 2012, JBL declined 3.4% in evening trade after missing on Q4 earnings and guiding its Q1 below the Street view. The stock shed a deeper 9.8% in the Sept. 26 regular session.

On June 19, 2012, JBL advanced 1.9% in after-hours trade after beating on Q3 revenue, meeting on earnings, and setting its Q4 guidance mostly below the Street view. The stock saw firmer buying the next day, closing the June 20 regular session up 6.8%.

On March 20, 2012, JBL shed 1.4% in night trade on the back of a Q2 earnings miss. The stock saw added declines the next day, closing the March 21 regular session off 2.3%.

On Dec. 20, 2011, JBL declined 4.4% in evening trade after posting mixed Q1 results. The stock saw its downside narrow the next day, closing the Dec. 21 regular session off 2.7%.

On Sept. 27, 2011, JBL advanced 6% in after-hours trade after posting better-than-expected results and guidance. The stock firmed higher the next day, rising 8.4% in the Sept. 28 regular session.

On June 21, 2011, the stock rose 1.2% after a Q3 earnings beat and mixed to mostly in-line guidance for Q4. Shares rose 3.1% the next day.

On March 22, 2011, JBL surged 9.5% in evening trade on the back of better-than-expected Q2 results. The stock added to its upside the following day, closing the March 23 regular session up 10.8%.

On Dec. 20, 2010, JBL advanced 3.8% in after-hours trad after reporting better-than-expected results and guidance. The stock soared higher the following day, closing the Dec. 21 regular session up 10.7%.

On Sept. 27, 2010, JBL slipped 1.2% in after-hours action after beating EPS estimates, meeting on revenue, and setting mixed guidance. The stock cut its downside slightly the next day, closing the Sept. 28 regular session down 0.9%.

On June 22, 2010, JBL advanced 8.1% in evening trade after reporting better-than-expected results and guidance. The stock moved even higher the next day, closing the June 23 regular session up 10.6%.

On March 23, 2010, JBL declined 5.7% in evening trade after beating earnings expectations and setting its guidance in a range that straddled the Street view. The stock tumbled lower the following day, closing the March 24 regular session down 9.9%.

On Dec. 21, 2009, JBL advanced 5.8% in evening trade after posting better-than-expected Q1 earnings and Q2 guidance. The stock soared higher the following day, ending the Dec. 22 regular session with a 14.3% advance.

On Sept. 29, 2009, JBL firmed 7.1% in after-hours action after reporting better-than-expected results and guidance. The stock added to its upside the next day, rising 9.2% by the close on Sept. 30.

On June 23, 2009, JBL declined 3.5% in after-hours trade after meeting revenue expectations, beating on earnings, and setting mixed guidance. The stock reversed course the following day, ending the June 24 regular session up 2.8%.

On March 24, 2009, JBL dropped 10.7% in evening trading after a Q2 beat but Q3 guidance below the Street view. Shares rebounded heartily to close up 36.5% the next day after the company commented that its key markets were stabilizing.

On Dec. 19, 2008, JBL declined 5.7% in pre-market trade after reporting a year-over-year decline in earnings and setting guidance below expectations. The decline narrowed in the following regular session, ending down 2.1%.

On Sept. 26, 2008, JBL advanced 4% in pre-market trade after reporting better-than-expected revenue and in-line guidance. The stock closed the Sept. 26 regular session up a more modest 2.8%.

On June 24, 2008, JBL gained 8% in evening trade after topping Q3 Street estimates and setting its outlook in-line to above the then-current expectations. The stock soared even higher the next day, ramping 15.6% by the June 25 close.

On March 25, 2008, JBL declined 12.8% in after-hours trade after beating on Q2 but offering guidance below expectations. It was crushed for more aggressive declines the next day, losing 18.3% by the close on March 26.

On Dec. 20, 2007, the stock dropped 10.4% during evening hours after JBL reported guidance below the Street's view. The loss swelled to 21.6% the next day.

On Sept. 27, 2007, JBL eased 1.1% in night trade despite beating Q4 estimates and forecasting Q1 to be about in line with expectations. Shares fell even more the next day, closing the regular session down 6.7%.

On June 21, 2007, the stock gained 8.2% in the evening hours after earnings fell from a year earlier but beat the Street's view. The gain expanded to 9.8% the next day.

On March 22, 2007, the stock fell 5.7% after the company beat with sales but said it sees restructuring costs at high end of guidance. The loss widened to 10.7% the next day.

On Dec. 20, 2006, JBL dropped 4.1% in night trade after beating Q1 expectations but guiding Q2 below Street views. Shares added to those losses the next day, closing the regular session down 9.1%.

On Sept. 26, 2006, JBL advanced 7.8% in after-hours trade after the company reported better-than-expected Q4 results and guided its forward sales view above the consensus. It lost a good chunk of the evening upside the next day, adding just 3.8% by the closing bell.

On June 21, 2006, shares fell 4.9% in the evening hours after the company reported it missed with Q3 core EPS but topped sales estimates, also cutting its outlook and projecting layoffs. The loss was reined in somewhat the next day and shares finished down 2.7%.

On March 22, 2006, JBL rose 5.4% in night trade after beating Q2 sales guidance and guiding Q3 above Street views. The shares extended their gains the next day, ending the regular session up 11.8%.

On Dec. 20, 2005, shares fell 2.8% after the company reported above the Street with Q1 earnings and revenue, guided mostly in line for Q2 and raised its internal guidance for full-year 2006. Shares rebounded to gain 7.2% the next day.

On Sept. 26, 2005 JBL edged down 0.8% in evening trade after the company beat on EPS, posted sales shy of expectations, and guided in-line. Sellers added to the negative momentum on Sept. 27, dropping the stock 2% by the closing bell.

On June 21, JBL advanced 4.4% in night trade after the company matched Q3 expectations and guided in-line with current Street estimates. Buyers moved more aggressively into the issue on June 22, spiking it 10.4% between the bells.

On March 17, 2005 JBL added 1.8% in after-hours trade after the company reported Q2 results in-line with Street estimates and set its Q3 and FY05 revenue outlook ahead of the current analyst view. The stock surged higher on March 18, rising 6% between the regular session bells.

In the three quarters that we tracked in 2004, JBL shares widened twice and narrowed once.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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