...48% operating income growth. EPS growth will be less. Some of the operating income growth comes from acquisitions (GET/EFTC) which were paid for with shares/cash. Curious what analysts models will turn out for EPS growth, and if it will be in-line with current estimates or an increase.
So positives from call are outlook seems pretty robust.
Negatives are revenue this Q a little light and big inventory build.
What is unclear is EPS guidance. Will be interesting to see what stock does tomorrow.
I read the release to say this was in anticipation of increased Q1 business; and given the apparent tight supply for components mentioned by SLR a little extra inventory seems like a pretty shrewd move. Will be interesting to hear what Jabil has to say about supply tightness.