Jabil (JBL) Tops Q2 Earnings and Revenue Estimates

Core Insights - Jabil (JBL) reported quarterly earnings of $1.94 per share, exceeding the Zacks Consensus Estimate of $1.81 per share, and showing an increase from $1.68 per share a year ago, representing an earnings surprise of 7.18% [1] - The company achieved revenues of $6.73 billion for the quarter ended February 2025, surpassing the Zacks Consensus Estimate by 4.93%, although this is a slight decrease from $6.77 billion in the same quarter last year [2] - Jabil has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.23 on revenues of $6.73 billion, and for the current fiscal year, it is $8.76 on revenues of $27.32 billion [7] - The estimate revisions trend for Jabil is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Electronics - Manufacturing Services industry, to which Jabil belongs, is currently ranked in the top 4% of over 250 Zacks industries, suggesting a strong outlook for the sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]