Jabil Stock Climbs After Earnings. AI-Driven Demand Powers Growth. -- Barrons.com

Dow Jones
Jun 17, 2025

By Nate Wolf

Jabil stock was rising Tuesday after the supplier of electronic parts handily beat earnings expectations and lifted its fiscal-year forecast.

The company reported adjusted core earnings of $2.55 a share for its third fiscal quarter, surpassing Wall Street's call for $2.31. Net revenue of $7.8 billion came in well above analysts' consensus estimate of $7.1 billion.

Jabil shares gained 4.8% in premarket trading.

The company issued updated fiscal-year guidance in light of the strong report. Adjusted core earnings are now expected to total $9.33 a share on $29 billion in revenue, up from previous forecasts of $8.95 and $27.9 billion, respectively.

"We delivered a strong third quarter, outperforming expectations across key end-markets such as cloud, data center infrastructure, and capital equipment," said CEO Mike Dastoor. "Our intelligent infrastructure segment remains a critical growth engine, beneting from accelerating AI-driven demand."

Write to Nate Wolf at nate.wolf@barrons.com

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June 17, 2025 08:10 ET (12:10 GMT)

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