UPDATE 2-Jabil Circuit forecasts third quarter below estimates

Wed Mar 20, 2013 7:12pm EDT
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* Sees third-quarter core EPS $0.50-$0.58 vs est $0.61

* Sees third-quarter revenue $4.3 bln-$4.5 bln vs est $4.52 bln

* Second-quarter core EPS $0.53 vs est $0.54

* Shares fall 4 pct after the bell (Adds comments from conference call)

By Chandni Doulatramani

March 20 (Reuters) - Contract electronics maker Jabil Circuit Inc forecast third-quarter results that fell short of Wall Street expectations as its largest customer Apple Inc gets ready for product transitions.

Shares of the company, which also reported a second-quarter profit below analysts' estimates, fell 4 percent after the bell.

"It's the Apple-centric business that's under performing right now for them, which is resulting in modestly lower revenues," RBC Capital Markets Amit Daryanani said.

The iPhone maker is Jabil's largest customer and contributed about 13 percent to total revenue in 2012.   Continued...