Jabil Shares Surge 14% After Q3 2026 Earnings Beat Estimates

Jabil reported Q3 2026 revenue of $8.75 billion and adjusted earnings of $3.16 per share, exceeding Wall Street forecasts. Jabil (JBL) shares climbed 14% after the company posted Q3 2026 results that surpassed analyst expectations. Revenue rose 12% year-over-year to $8.75

Jabil reported Q3 2026 revenue of $8.75 billion and adjusted earnings of $3.16 per share, exceeding Wall Street forecasts.

Jabil (JBL) shares climbed 14% after the company posted Q3 2026 results that surpassed analyst expectations. Revenue rose 12% year-over-year to $8.75 billion, while adjusted earnings per share increased 24% to $3.16, topping estimates of $3.08 per share and $8.55 billion in sales.

Analysts had anticipated weaker performance, but Jabil’s growth was driven by strong demand in cloud and data center infrastructure, particularly in India. Five of its seven sub-segments reported double-digit growth, with the cloud division surging 47%.

Management also issued Q4 and full-year guidance above current Street projections, signaling confidence in sustained demand. The company plans a 10% capacity expansion over the next year to meet rising AI-related orders.

Leave a Reply

Your email address will not be published. Required fields are marked *