Don’t Overlook Jabil (JBL) Stock After Topping Its Q3 Expectations – June 20, 2025
From Zacks Investment Research: 2025-06-20 17:00:00
Jabil Inc. (JBL) had a strong fiscal third quarter, surpassing expectations with sales up 15% year over year to $7.82 billion and EPS at $2.55, beating estimates by 9%. The company’s two largest clients are Apple and Amazon, but it has diversified its customer base to include Johnson & Johnson and Ericsson. Jabil expects continued growth with Q4 sales projected to be $7.1 billion-$7.8 billion. Year to date, JBL stock is up over +40% and trades at a slight discount to the benchmark at 22.9X forward earnings. Jabil stock currently holds a Zacks Rank #2 (Buy) and is on track to generate over $1.2 billion in free cash flow this year.
Read more at Zacks Investment Research: Don’t Overlook Jabil (JBL) Stock After Topping Its Q3 Expectations – June 20, 2025