Mid-Morning Market Update: Markets Open Higher Ahead Of Fed Decision
U.S. stocks opened on a strong note this morning ahead of the interest rate decision from the Federal Reserve.
Jabil Q2 EPS $1.68 Beats $1.47 Estimate, Sales $7.55B Beat $7.43B Estimate
Jabil (NYSE:JBL) reported quarterly earnings of $1.68 per share which beat the analyst consensus estimate of $1.47 by 14.29 percent. This is a 32.28 percent increase over earnings of $1.27 per share from the same period
Earnings Scheduled For March 16, 2022
Companies Reporting Before The Bell
• Ideanomics (NASDAQ:IDEX) is likely to report quarterly loss at $0.05 per share on revenue of $33.20 million.
Earnings Outlook For Jabil
Jabil (NYSE:JBL) is set to give its latest quarterly earnings report on Wednesday, 2022-03-16. Here's what investors need to know before the announcement.
Analysts estimate that Jabil will report an earnings per share (EPS) of $1.47.
ZoomInfo And 3 Other Stocks Sold By Insiders
Crude oil futures dropped around 3.5% on Tuesday, after reaching a new 7-year high level in the previous session. Investors, meanwhile, focused on some notable insider trades.
5 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
CNBC’s Final Trades: CVS Health, Jabil, Amazon And This Telecom Major
On CNBC’s “Halftime Report Final Trades,” Jason Snipe of Odyssey Capital Advisors said CVS Health Corp (NYSE: CVS) has had a “great year” with around 2% yield.
Jabil Reports New Partnership With Carnival To Manufacture, Fulfill Princess Medallion Cruise Ship, No Terms DIsclosed
Princess Medallion Manufacturing and Direct-to-Port Fulfillment to be Handled Under One Roof with Jabil in the Dominican Republic for the Region
ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Jabil Inc. (NYSE:JBL) today
5 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.