Jabil Q2 revenue, adjusted EPS beat expectations, raises 2026 outlook

Reuters03-18 19:38
Jabil <a href="https://laohu8.com/S/QTWO">Q2</a> revenue, adjusted EPS beat expectations, raises 2026 outlook

Overview

  • US manufacturing solutions firm's preliminary fiscal Q2 revenue beat analyst expectations

  • Adjusted EPS for preliminary fiscal Q2 beat analyst expectations

  • Company raised fiscal 2026 outlook for revenue and core EPS

Outlook

  • Jabil raises fiscal 2026 outlook, now sees revenue at $34 bln and core EPS at $12.25

  • Company expects Q3 revenue between $8.1 bln and $8.9 bln

  • Jabil forecasts adjusted free cash flow above $1.3+ bln for fiscal 2026

Result Drivers

  • INTELLIGENT INFRASTRUCTURE DEMAND - Co said strong demand in Intelligent Infrastructure, including cloud, data center, networking and communications, led results

  • REGULATED INDUSTRIES IMPROVEMENT - Co said automotive and renewables performed better than anticipated in Regulated Industries

Company press release: ID:nBw1n8cmja

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

$8.3 bln

$7.74 bln (9 Analysts)

Q2 Adjusted EPS

Beat

$2.69

$2.51 (9 Analysts)

Q2 EPS

$2.08

Q2 Adjusted Operating Income

$436 mln

Q2 Operating Income

$374 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the electronic equipment & parts peer group is "buy"

  • Wall Street's median 12-month price target for Jabil Inc is $263.72, about 0.5% above its March 17 closing price of $262.35

  • The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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