BUZZ-Jabil jumps after lifting 2025 revenue, profit forecast

Reuters
06-17
BUZZ-Jabil jumps after lifting 2025 revenue, profit forecast

** Electric components maker Jabil's JBL.N shares rise 5% to $190 in premarket

** Co reports Q3 revenue of $7.8 bln vs analysts' average estimates of $7.06 bln, according to data compiled by LSEG

** JBL posts Q3 adj EPS of $2.55 vs estimates of $2.31

** Co lifts 2025 revenue forecast to $29 bln from $27.9 bln

** Also raises 2025 adj EPS expectations to $9.33 from $8.95

** As of last close, stock had risen 25.7% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

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