Core Viewpoint - Jabil Inc. is set to report its first-quarter earnings on December 17, with expectations of increased earnings and revenue compared to the previous year [1]. Earnings Expectations - Analysts predict Jabil will report earnings of $2.72 per share, an increase from $2.00 per share in the same quarter last year [1]. - The consensus estimate for quarterly revenue is $8.07 billion, up from $6.99 billion reported last year [1]. Recent Stock Performance - Jabil's shares fell by 5.1%, closing at $222.37 on the previous Friday [2]. Analyst Ratings and Price Targets - B of A Securities analyst maintained a Buy rating and raised the price target from $255 to $262 [3]. - Barclays analyst maintained an Overweight rating but cut the price target from $267 to $223 [3]. - JP Morgan analyst maintained an Overweight rating and raised the price target from $214 to $256 [3]. - Stifel analyst reinstated a Buy rating with a price target of $245 [3]. - Raymond James analyst maintained a Strong Buy rating and increased the price target from $170 to $230 [3].
Jabil Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Jabil (NYSE:JBL)