Jabil (JBL) Outperforms Market Expectations: Key Insights to Note

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Jabil Inc. (JBL) closed at $152.72 on the latest market day, marking a 1.62% gain. This performance outpaced the S&P 500’s increase of 0.44%, with the Dow rising 0.7% and the Nasdaq appreciating 0.27%. Over the past month, Jabil’s stock price has surged by 24.88%, compared to 15.87% for the Computer and Technology sector and 10.62% for the S&P 500.

Jabil is scheduled to report earnings on the upcoming disclosure date, forecasting earnings of $2.28 per share, a year-over-year growth of 20.63%. The anticipated revenue is $6.98 billion, reflecting a 3.18% increase from the same quarter last year. For the full year, analysts estimate earnings of $8.93 per share and revenue of $27.82 billion, representing changes of +5.18% and -3.68% year-over-year, respectively.

Currently, Jabil holds a Zacks Rank of #3 (Hold), with a Forward P/E ratio of 16.83, below the industry’s average of 17.49. The Zacks Industry Rank has Jabil’s sector in the top 39% of over 250 industries, indicating strong overall performance.

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