Jabil (NYSE:JBL) will report earnings before the bell this Wednesday. Last quarter, Jabil beat revenue expectations by 9.5%, reporting $8.25 billion, up 18.5% year on year. Analysts expect a 14.4% revenue growth to $8.00 billion this quarter, with adjusted earnings at $2.73 per share. Analysts reconfirmed estimates, anticipating stability. With positive sentiment and a 10.2% stock increase over the last month, Jabil has an average analyst price target of $247. Jabil has historically exceeded revenue estimates by 4.9% on average. Stay tuned for insights into tech hardware & electronics stocks as earnings season kicks off.
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