Jabil Surges 5% After Beating Q2 Estimates and Rai…

From Financial Modeling Prep: 2025-03-20 10:14:00

Jabil Circuit (NYSE:JBL) stock surged over 5% today following strong second-quarter results. Earnings per share were $1.94, beating estimates of $1.83, with revenue hitting $6.73 billion, surpassing projections of $6.41 billion. The company reported a core operating profit of $334 million, higher than expected at $315.3 million.

The company attributed its success to strong demand in capital equipment, cloud and data center infrastructure, and digital commerce. This highlights Jabil’s strategic positioning in high-growth markets.

Jabil provided an optimistic outlook for Q3 fiscal 2025, with forecasted EPS between $2.08 and $2.48, surpassing the analyst estimate of $2.22. Revenue is expected to range from $6.7 billion to $7.3 billion, exceeding the market forecast of $6.74 billion.

For the full fiscal year, Jabil raised its revenue projection to $27.9 billion, up from $27.3 billion, and anticipates EPS of $8.95, surpassing analyst expectations of $8.74.



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