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NEW YORK (TheStreet) -- Shares of Jabil Circuit (JBL) - Get Jabil Inc. Report are falling 3.15% to $17.85 in after-hours trading on Wednesday after the St. Petersburg, FL-based company provided weak guidance for the 2016 fiscal fourth quarter and full year.

After today's closing bell, the electronic manufacturing company said it sees earnings between 15 cents and 35 cents per share on revenue of $4.15 billion to $4.35 billion for the fourth quarter.

Analysts are modeling earnings of 53 cents per share on revenue of $4.66 billion.

For fiscal 2016, the company expects earnings of about $1.85 per share on revenue of $18.2 billion, while analysts are looking for earnings of $2.10 per share on revenue of $18.45 billion.

For the 2016 fiscal third quarter, Jabil reported earnings of 17 cents per diluted share, beating analysts' expectations by a penny.

Revenue for the period was $4.3 billion, higher than analysts' projections of $4.2 billion.

"Our electronics manufacturing services business performed ahead of plan supported by near-perfect execution during the quarter," CEO Mark Mondello said in a statement.

"However as expected, our third quarter results also reflected a soft environment within our mobility business. These challenges will continue to negatively impact our Diversified Manufacturing Services business for the balance of our fiscal year," Mondello added.

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The stock moved between gains and losses in after-hours trading.

About 3.79 million of the company's shares were traded today compared to its average volume of 2.03 million shares per day.

Separately, TheStreet Ratings Team has a "Hold" rating with a score of C+ on the stock.

The primary factors that have impacted the rating are mixed. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels.

But the team also finds weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally higher debt management risk.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: JBL

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