Jabil Inc. Q4 adjusted earnings Beat Estimates

(RTTNews) - Jabil Inc. (JBL) revealed a profit for its fourth quarter that climbed from the same period last year.

The company's bottom line totaled $67.73 million, or $0.44 per share. This compares with $52.68 million, or $0.34 per share, in last year's fourth quarter.

Excluding items, Jabil Inc. reported adjusted earnings of $151.37 million or $0.98 per share for the period.

Analysts had expected the company to earn $0.66 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.1% to $7.30 billion from $6.57 billion last year.