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Jabil Circuit Inc. (JBL) Is Down Despite Better Than Expected Q4 Report

Jabil Circuit Inc. (JBL) reported fourth quarter adjusted EPS of $0.70 Tuesday morning, which topped the consensus estimate of $0.68. The company expects to report first quarter EPS of $0.79 to $0.99. The consensus estimate is for EPS of $0.89.

Jabil Circuit gapped open sharply lower this morning and is now down 2.43 at $27.65. The stock has dropped to a 1-month low.

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