From Financial Modeling Prep: 2025-06-17 16:25:00

Shares of Jabil (NYSE:JBL) surged 11% after beating Q3 earnings expectations and providing a positive full-year forecast. The company reported adjusted earnings of $2.55 per share, surpassing analyst estimates, and revenue of $7.8 billion, up from $7.4 billion last year.

Jabil’s success was driven by strong performance in cloud computing and data center infrastructure, offsetting challenges in electric vehicles, renewable energy, and 5G. CEO Mike Dastoor highlighted the Intelligent Infrastructure division as a key growth driver, benefiting from increased demand for AI technologies.

The company issued Q4 guidance of $2.64 to $3.04 per share in adjusted earnings and $7.1 billion to $7.8 billion in revenue. For fiscal 2025, Jabil raised its outlook to $9.33 in core EPS and $29 billion in revenue, with over $1.2 billion in adjusted free cash flow, reinforcing confidence in its long-term strategy.



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