Jabil (JBL) closed at $204.83, marking a -2.4% decline in the latest trading session, which is less than the S&P 500’s -0.64%. In the last month, Jabil’s shares have decreased by 5.96%, while the S&P 500 gained 1.91% during the same period.
Jabil is set to release its earnings next, with an earnings per share (EPS) forecast of $2.92, representing a 26.96% year-over-year increase. Revenue is expected to reach $7.6 billion, reflecting a 9.17% growth compared to the previous year. For the annual period, EPS is anticipated to be $9.39, with total revenue projected at $29.15 billion, indicating a shift of +10.6% and +0.93%, respectively.
Currently, Jabil holds a Zacks Rank of #3 (Hold) and a Forward P/E ratio of 22.36, higher than the industry average of 21.23. The electronics manufacturing industry, where Jabil operates, ranks in the top 7% among over 250 industries, providing an optimistic outlook for investors.
