Will Jabil (JBL) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Jabil (JBL) has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 5.05% [1] - The company reported earnings of $2 per share for the most recent quarter, surpassing the expected$1.87 per share, resulting in a surprise of 6.95% [2] - For the previous quarter, Jabil's actual earnings were $2.30 per share against an estimate of$2.23, yielding a surprise of 3.14% [2] Earnings Estimates and Predictions - Recent estimates for Jabil have been increasing, with a positive Earnings ESP (Expected Surprise Prediction) indicating a likelihood of an earnings beat [3] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [4] - Jabil currently has an Earnings ESP of +0.92%, suggesting analysts are optimistic about its near-term earnings potential [6] Zacks Rank and Earnings Release - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) indicates a strong possibility of another earnings beat for Jabil [6] - The next earnings report for Jabil is anticipated to be released on March 20, 2025 [6] Importance of Earnings ESP - The Earnings ESP metric is crucial for predicting earnings outcomes, as a negative value can diminish its predictive power, but does not necessarily indicate a miss [7] - Companies can still beat consensus EPS estimates despite a negative Earnings ESP, and some stocks may remain stable even if they miss estimates [7] - Utilizing the Earnings ESP Filter can help identify the best stocks to buy or sell prior to earnings reports [8]