Jabil Stock Reaches All-Time High Following Strong Earnings Report

Reported about 19 hours ago

Jabil stock soared to a record high, leading the S&P 500 gainers after the company reported fiscal third-quarter results that surpassed estimates. The circuit board manufacturer saw a 16% increase in revenue year-over-year, reaching $7.83 billion, and adjusted earnings per share of $2.55, prompting the firm to raise its full-year projections to $29 billion in revenue and $9.33 in core EPS.

Source: YAHOO

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