Jabil Circuit (JBL) Shares Fall in After Hours Trading

After ending the Tuesday trading day up up 3.32%, shares of Jabil Circuit, Inc. (NYSE: JBL) reversed course and were down more than 5% in after hours trading.

Jabil Circuit reported that its sales for its second fiscal quarter were up and that it had swung to a profit.

Jabil Circuit reported that it earned $29.8 million, or 14 cents per share, compared to a loss of $866.1 million, or $4.19 per share, a year earlier.

Revenue was reportedly up 4% to $3 billion.

According to a poll of analysts by Thomson Reuters, the average expected earnings per share was 28 cents, on revenue of $3 billion.