Jabil Circuit Inc Reveals 49% Decline In Q4 Bottom Line

(RTTNews) - Jabil Circuit Inc (JBL) reported a profit for fourth quarter that fell from last year.

The company said its profit came in at $52.91 million, or $0.28 per share. This was down from $103.22 million, or $0.53 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.3% to $4.43 billion. This was down from $4.68 billion last year.

Jabil Circuit Inc earnings at a glance:

-Earnings (Q4): $52.91 Mln. vs. $103.22 Mln. last year. -Earnings Decline (Y-o-Y): -48.7% -EPS (Q4): $0.28 vs. $0.53 last year. -EPS Decline (Y-o-Y): -47.2% -Analysts Estimate: $0.25 -Revenue (Q4): $4.43 Bln vs. $4.68 Bln last year. -Revenue Change (Y-o-Y): -5.3%