Stocks are fickle. You could have good numbers but if you miss on any little number the street will react negatively. Looks like in this case it missed on revenues:
Jabil Circuit reports EPS in-line, misses on revs; guides Q2 EPS in-line, revs below consensus
Reports Q1 (Nov) earnings of $0.65 per share, in-line with the Capital IQ Consensus Estimate consensus of $0.65; revenues rose 6.0% year/year to $4.33 bln vs the $4.41 bln consensus. Co issues mixed guidance for Q2, sees EPS of $0.52-0.62, excluding non-recurring items, vs. $0.59 Capital IQ Consensus Estimate; sees Q2 revs of $4.0-4.2 bln vs. $4.22 bln Capital IQ Consensus Estimate.
