Jabil Inc. (JBL), an engineering, manufacturing, and supply chain services company, on Wednesday revised up its annual guidance, better than analysts' expectations, citing a robust demand.
For fiscal 2026, the company now expects core earnings of $11.55 per share, higher than the earlier guidance of $11 per share. Jabil now anticipates revenue of $32.4 billion, compared with the prior outlook of $31.3 billion.
On average, analysts polled forecast the company to report earnings of $11.12 per share, on revenue of $31.57 billion for the full year. Analysts' estimates typically exclude special items.
For the second quarter, Jabil projects net earnings of $1.70 to $2.19 per share. Excluding items, earnings are projected to be in the range of $2.27 to $2.67 per share, in line with Street view of $2.37 per share.
Jabil anticipates revenue of $7.5 billion to $8 billion, compared with analysts' forecast of $7.51 billion.
JBL was up by 6.26% at $225.99 in the pre-market trade on the New York Stock Exchange.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.