Reported 2 days ago
Jabil's shares surged over 4% after the company reported better-than-expected earnings of $1.94 per share on revenue of $6.73 billion for Q2, surpassing analyst forecasts. The firm also provided a strong outlook for the coming quarter and full year, anticipating increased earnings driven by growing demand in the AI sector. Jabil projects adjusted EPS between $2.08 and $2.48 for the upcoming quarter, alongside expected full-year revenue of $27.9 billion.
Source: YAHOO