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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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.