Jabil (NYSE:JBL) Announces Quarterly Earnings Results, Beats Expectations By $0.35 EPS

Jabil (NYSE:JBL) announced its quarterly earnings data on Wednesday. The technology company reported $4.40 earnings per share for the quarter, topping analysts’ consensus estimates of $4.05 by $0.35, reports. Jabil had a net margin of 2.90% and a return on equity of 89.50%. The business had revenue of $10.62 billion for the quarter, compared to analysts’ expectations of $9.69 billion. During the same quarter in the prior year, the company earned $3.29 earnings per share. The business’s revenue was up 28.6% compared to the same quarter last year. Jabil updated its Q1 2027 guidance to 3.800-4.200 EPS and its FY 2027 guidance to 17.550-17.550 EPS.

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

• Jabil expects fiscal 2027 revenue of approximately $44.5 billion, up 24% year over year, with core EPS of $17.55, up about 34%, and core operating margin expanding 30 basis points to 6.1%.
• Intelligent Infrastructure remains the primary growth engine, with expected revenue of $25.6 billion, up 43%, including $22.1 billion of AI-related revenue, up 54%; growth is supported by cloud infrastructure, networking, liquid cooling, power, and semiconductor equipment.
• Management emphasized broadening diversification beyond AI, including expected growth in defense and aerospace, automotive, healthcare, renewable and energy infrastructure, and warehouse and retail automation. Digital Commerce and Robotics is forecast to grow 11%, although this will be offset by a projected 15% decline in Connected Living.
• The company plans to maintain its asset-light model, with net capital expenditures targeted at 1.5%–2% of revenue and approximately $1.6 billion of fiscal 2027 free cash flow. Jabil also reiterated its commitment to return at least 80% of adjusted free cash flow to shareholders, supported by a new $1.5 billion repurchase authorization.
• Execution and supply-chain risks remain significant as Jabil ramps roughly 4 million square feet of new capacity. Management cited constrained memory availability, higher working-capital needs, and front-loaded ramp costs, with margins expected to be lower in the first half before improving as utilization and yields rise.

Jabil Price Performance

JBL opened at $299.90 on Friday. The company’s 50-day simple moving average is $317.04 and its two-hundred day simple moving average is $325.99. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.66 and a current ratio of 0.99. The stock has a market capitalization of $31.43 billion, a P/E ratio of 30.66, a P/E/G ratio of 0.64 and a beta of 1.30. Jabil has a 52-week low of $189.60 and a 52-week high of $428.93.

Jabil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th were given a $0.08 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s payout ratio is 4.00%.

Insider Activity at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the transaction, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on JBL. Argus restated a “buy” rating and issued a $475.00 price target on shares of Jabil in a research note on Thursday. JPMorgan Chase & Co. raised their price target on Jabil from $425.00 to $430.00 and gave the company an “overweight” rating in a report on Thursday. Raymond James Financial lifted their price target on Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research report on Thursday, June 18th. Robert W. Baird increased their price objective on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research report on Thursday, June 18th. Finally, UBS Group raised shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 target price for the company in a report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $434.22.

Key Jabil News

Here are the key news stories impacting Jabil this week:

• Positive Sentiment: Jabil reported fourth-quarter adjusted EPS of $4.40, exceeding the $4.05 consensus estimate, while revenue rose 28.6% year over year to $10.62 billion versus expectations of $9.69 billion. EPS increased from $3.29 a year earlier. Jabil earnings report
• Positive Sentiment: Management forecast fiscal 2027 revenue of $44.5 billion and adjusted EPS of $17.55, above Wall Street estimates of $42.6 billion and $16.58, respectively. First-quarter guidance also exceeded consensus, supporting expectations for another year of growth. Reuters fiscal 2027 guidance article
• Positive Sentiment: AI-related data-center and cloud infrastructure demand is the primary growth catalyst. Jabil’s Intelligent Infrastructure business grew sharply, and the company expects expanded capacity and broader customer relationships to support approximately 24% fiscal 2027 revenue growth. Zacks AI-led growth article
• Positive Sentiment: Jabil plans to continue returning capital to shareholders, including a new $1.5 billion share-repurchase authorization. Analysts also became more constructive: JPMorgan raised its target to $430 with an Overweight rating, while Argus reaffirmed Buy with a $475 target.
• Neutral Sentiment: The results marked another consecutive quarterly EPS beat and prompted bullish commentary about Jabil’s growth, margin expansion and asset-light model. However, the stock initially declined after the earnings release, indicating that investors may have been concerned about valuation, elevated expectations or the pace of future growth despite the strong outlook. Seeking Alpha outlook article

About Jabil

Jabil Inc is a global manufacturing services and technology company that helps brands design, manufacture, and manage products and supply chains. Its capabilities include product design and engineering, prototyping, production, assembly, testing, packaging, logistics, and aftermarket services.

The company serves customers across a range of industries, including healthcare, automotive, cloud and data infrastructure, communications, connected devices, industrial equipment, energy, and consumer products.