JBL Jabil Circuit Inc

Latest Earnings Insight

Jabil's strategic pivot away from its Mobility business and its focus on the burgeoning AI datacenter sector have positioned the company for a promising fiscal year 2025. As Jabil prepares to release its third-quarter earnings on June 19, the market is keenly observing whether the company can sustain its impressive momentum from earlier quarters. Jabil's recent financial performance has been robust, with the company surpassing both EPS and revenue forecasts in the second quarter, driven by strong demand in the data center market. Analysts are projecting an EPS of $2.29 and revenue of $7.03 billion for the upcoming quarter, but the whisper number suggests a more optimistic EPS of $2.45, indicating heightened market expectations. With a market cap of over $18 billion, Jabil's strategic decisions and leadership changes, including the appointment of Michael Dastoor as CEO, are expected to further enhance its growth trajectory. Investors will be closely watching to see if Jabil can continue to outperform and align with the elevated expectations set by the whisper number.