News
Earnings · Guidance · Outlook · Revenue
Jabil (JBL) reported a strong second quarter, with preliminary net income attributable to the company more than doubling to $223 million, up from $117 million in the prior year.
Diluted earnings per share (EPS) also saw a significant increase, reaching $2.08 compared to $1.06 year-over-year. Core earnings rose to $288 million from $215 million, translating to core EPS of $2.69, an improvement from $1.94.
Revenue for the quarter climbed to $8.28 billion, a notable increase from $6.73 billion in the same period last year. Looking ahead, Jabil provided optimistic guidance. For the third quarter, the company projects net revenue between $8.1 billion and $8.9 billion, GAAP EPS in the range of $2.36 to $2.76, and core EPS of $2.83 to $3.23.
Furthermore, Jabil raised its full fiscal year 2026 outlook, now expecting net revenue of $34 billion, up from the previous anticipation of $32.4 billion. The core EPS forecast for fiscal 2026 was also increased to $12.25 from the prior estimate of $11.55.
Following these positive announcements, Jabil shares saw a modest gain of 0.95 percent in pre-market trading, reaching $265.10.