Jabil (JBL) Rises Higher Than Market: Key Facts

Core Viewpoint - Jabil is expected to report financial results that indicate a mixed performance, with earnings per share forecasted to increase while revenue is anticipated to decline compared to the previous year [2][3]. Financial Performance - Jabil's stock closed at $167.32, reflecting a gain of 0.48% from the previous session, outperforming the S&P 500's daily gain of 0.03% [1] - The company is forecasted to report an EPS of $1.81, representing a 7.74% increase from the same quarter last year [2] - Revenue is expected to be $6.41 billion, indicating a 5.25% decrease from the same quarter last year [2] - For the annual period, earnings are anticipated to be $8.78 per share, with revenue projected at $27.35 billion, reflecting changes of +3.42% and -5.31% respectively from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for Jabil suggest a favorable outlook on the company's business health and profitability [4] - The Zacks Consensus EPS estimate has increased by 0.33% in the past month, and Jabil currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Jabil is trading at a Forward P/E ratio of 18.97, which is lower than the industry average of 19.74 [7] - The company has a PEG ratio of 1.52, compared to the industry average PEG ratio of 1.32 [7] Industry Context - The Electronics - Manufacturing Services industry, which includes Jabil, is part of the Computer and Technology sector and holds a Zacks Industry Rank of 13, placing it in the top 6% of over 250 industries [8]