Jabil’s Strong Performance Surpasses Market Gains

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Jabil (JBL) closed at $115.97, marking a +1.54% increase on the last trading day, outperforming the S&P 500’s gain of 1.19%. However, over the past month, Jabil’s stock has declined by 2.74%, underperforming both the Computer and Technology sector’s gain of 5.37% and the S&P 500’s gain of 3.35%.

The company is scheduled to release its earnings report, with projected earnings per share (EPS) of $1.90, a 4.52% decrease from the same quarter last year. Revenue is anticipated at $6.51 billion, reflecting a 23.23% drop year-over-year. For the full year, earnings are expected to be $8.41 per share with revenue of $28.49 billion, representing changes of -2.55% and -17.89%, respectively.

Jabil currently has a Forward P/E ratio of 13.58, lower than the industry average of 14.74, and a PEG ratio of 1.32, compared to the industry’s average of 1.28. The Electronics – Manufacturing Services industry, to which Jabil belongs, holds a Zacks Industry Rank of 49, indicating it is in the top 20% of all evaluated industries.

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