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Jabil Circuit Inc. (JBL) Broke Out To A 6-Month High On Strong Q2 Earnings

Jabil Circuit Inc. (JBL) reported second quarter EPS of $0.66 after the bell Thursday, up from $0.48 in the previous year. The consensus estimate was for EPS of $0.62.

Jabil Circuit gapped open higher Friday and climbed steadily until mid-morning. The stock was range-bound for the rest of the session and closed up by 2.88 at $31.37. Jabil Circuit surged to a 6-month high.

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