US Stock Market Move | Jabil Inc.'s third quarter results exceeded expectations and the full year guidance was raised. Jabil Inc. (JBL.US) soared over 12%.
On Tuesday, Jabil Technology (JBL.US) surged over 12%, hitting a new all-time high at $202.5.
On Tuesday, Jabil Inc. (JBL.US) surged over 12%, hitting a new all-time high at $202.5. On the news front, the company reported its third-quarter performance for the 2025 fiscal year, with a revenue increase of over 15% to $7.83 billion, exceeding analysts' expectations of $7.06 billion. Adjusted earnings per share were $2.55, higher than analysts' forecast of $2.31. The company announced plans to invest $500 million in the United States over the next few years to support cloud computing and artificial intelligence data center infrastructure customers.
For the 2025 fiscal year, benefiting from the growth in demand for artificial intelligence, the company raised its revenue forecast to $29 billion and adjusted earnings per share forecast to $9.33. Previously, the forecasts were $27.9 billion and $8.95 per share, respectively.
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