UPDATE 1-Jabil posts higher quarterly net profit
ju4 wa4i dia4n zo1ng he2 ba4o da4o :\n  (Adds analyst estimates, forecast for current quarter, stock\nprice)\nSAN FRANCISCO, June 24 (Reuters) - Contract electronics\nmanufacturer Jabil Circuit Inc <JBL.N> on Tuesday posted a\nhigher quarterly profit, helped by declining costs.\nResults topped Wall Street expectations and shares of the\ncompany jumped more than 8 percent in extended trade. Its\nrevenue and earnings per-share forecast for the current quarter\neither matched or were ahead of current expectations.\nThe company, whose major customers include Cisco Systems\nInc <CSCO.O>, Hewlett-Packard Co <HPQ.N> and Nokia <NOK1V.HE> ,\nsaid net income in its fiscal third quarter was $38.4 million,\nor 19 cents per share.\nThat is up from $6.2 million, or 3 cents per share, in the\nyear-ago third period.\nIn the year-ago quarter, the company booked $25.3 million\nin restructuring and other charges. Selling, general and\nadministrative costs in the just-reported third quarter fell to\n$126.6 million from $140.7 million.\nExcluding items, Jabil said it had a profit of 26 cents a\nshare, ahead of the 20 cents expected by analysts surveyed by\nReuters Estimates.\nRevenue in the third quarter climbed to $3.09 billion from\n$3.00 billion.\nFor the current fourth fiscal quarter, Jabil said it\nexpects core earnings per share of 29 cents to 33 cents and\nrevenue in a range of $3.2 billion to $3.3 billion.\nAnalysts currently expect a per-share profit in the fourth\nquarter of 29 cents on revenue of $3.19 billion.\nShares of Jabil rose 9 cents to close at $14.33 on Tuesday.\nIn extended trade, they advanced to $15.50.\n(Reporting by Duncan Martell; editing by Carol Bishopric)\n((duncan.martell@thomsonreuters.com; Tel 1 415 677-2536))\nKeywords: JABIL RESULTS/