Jabil (NYSE:JBL) Announces Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Jabil (NYSE:JBL) issued its quarterly earnings data on Wednesday. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.06, FiscalAI reports. The firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the business posted $2.55 earnings per share. Jabil updated its FY 2026 guidance to 12.700-12.700 EPS and its Q4 2026 guidance to 3.800-4.200 EPS.

Here are the key takeaways from Jabil’s conference call:

• Jabil delivered a strong Q3 with revenue of $8.8 billion, up 12% year over year and above expectations, while core EPS rose 24% to $3.16 and free cash flow came in better than anticipated.
• Intelligent Infrastructure remained the main growth driver, with AI-related revenue now expected to reach $13.6 billion in fiscal 2026, up $500 million from the prior outlook and about 50% higher year over year.
• Management said it won a third hyperscaler customer and expects AI-related growth in FY2027 to be similar in percentage terms to FY2026, while noting the business remains asset-light with CapEx still targeted at 1.5%–2% of sales.
• Jabil raised its full-year FY2026 outlook to about $35 billion in revenue, core EPS of roughly $12.70, core operating margin of 5.8%, and adjusted free cash flow of more than $1.4 billion.
• Management sounded constructive on several non-AI end markets, including better-than-expected performance in automotive, renewables, healthcare, and connected living, but cautioned that some FY2027 trends are still being shaped by component availability, mix, and ramp timing.

Jabil Stock Down 0.3%

Shares of JBL opened at $374.51 on Thursday. Jabil has a 12 month low of $189.60 and a 12 month high of $428.93. The firm’s 50 day moving average is $345.94 and its 200-day moving average is $280.71. The stock has a market capitalization of $39.51 billion, a PE ratio of 50.27, a P/E/G ratio of 1.76 and a beta of 1.28. The company has a current ratio of 1.01, a quick ratio of 0.68 and a debt-to-equity ratio of 2.50.

Jabil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 4.30%.

More Jabil News

Here are the key news stories impacting Jabil this week:

• Positive Sentiment: Jabil beat fiscal Q3 expectations, reporting $3.16 in adjusted EPS on $8.75 billion in revenue, both above estimates, with sales up 11.8% year over year. Jabil Posts Third Quarter Results
• Positive Sentiment: The company raised its FY2026 profit and revenue guidance, signaling management’s confidence in continued demand and stronger-than-expected execution. Jabil raises annual profit forecast amid strong data center demand
• Positive Sentiment: Management highlighted AI-driven data center demand, hyperscaler wins, and capacity expansion as key growth drivers, suggesting momentum could carry into fiscal 2027. Jabil Q3 Earnings Call Highlights AI Growth and Margin Path
• Positive Sentiment: Jabil also unveiled an India AI and data-center manufacturing partnership with Adani Group, which could expand its footprint in a fast-growing infrastructure market. Jabil Bets Big on India’s AI Infrastructure Push: Time to Buy?
• Neutral Sentiment: Several reports noted that the stock has been a big post-earnings mover and a strong momentum name, reflecting upbeat sentiment already built into shares. Why Jabil Stock Is One of the S&P 500’s Biggest Gainers
• Negative Sentiment: Despite the beat and raised outlook, some coverage said shares slipped after the release, likely because investors had already priced in a strong result and were taking profits. Jabil Tops Forecasts on AI Demand and Strong Guidance, but Shares Slip

Insider Activity at Jabil

In other news, SVP May Yee Yap sold 1,634 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $306.74, for a total transaction of $501,213.16. Following the transaction, the senior vice president directly owned 23,787 shares of the company’s stock, valued at approximately $7,296,424.38. This trade represents a 6.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael Dastoor sold 9,467 shares of Jabil stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $286.64, for a total transaction of $2,713,620.88. Following the completion of the transaction, the chief executive officer directly owned 253,099 shares in the company, valued at $72,548,297.36. This trade represents a 3.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 37,981 shares of company stock valued at $11,360,740. 1.35% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Greenline Wealth Management LLC bought a new position in Jabil in the fourth quarter valued at approximately $28,000. Virtus Advisers LLC bought a new position in Jabil in the fourth quarter valued at approximately $32,000. Wilkerson Advisory Group LLC bought a new position in Jabil in the fourth quarter valued at approximately $34,000. DV Equities LLC bought a new position in Jabil in the fourth quarter valued at approximately $34,000. Finally, Banque Cantonale Vaudoise bought a new position in Jabil in the third quarter valued at approximately $43,000. 93.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

JBL has been the subject of several research reports. The Goldman Sachs Group raised their price objective on shares of Jabil from $336.00 to $384.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Barclays restated an “overweight” rating on shares of Jabil in a research report on Thursday. Bank of America raised their price objective on shares of Jabil from $295.00 to $354.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Stifel Nicolaus raised their price objective on shares of Jabil from $290.00 to $430.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Robert W. Baird raised their price objective on shares of Jabil from $275.00 to $281.00 and gave the stock an “outperform” rating in a research report on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $357.25.

About Jabil

Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.