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2025-12-17 23:35:27
Jabil Technology Shares Surge Over 8% on Better-than-Expected Q1 Results and Upgraded Full-Year Guidance] Shares of Apple supplier Jabil Technology (JBL.US) rose over 8% to $230. The news comes after Jabil announced its first-quarter results for fiscal year 2026, with revenue increasing 18.74% year-over-year to $8.3 billion, exceeding analysts' expectations of $8.09 billion. Adjusted earnings per share were $2.85, also higher than analysts' expectations of $2.70. Looking ahead to fiscal year 2026, benefiting from strong demand in data centers, Jabil raised its core earnings per share guidance from $11 to $11.55, compared to analysts' expectations of $11.07; it also raised its net revenue guidance from $31.3 billion to $32.4 billion, compared to analysts' expectations of $31.42 billion.
