Shares of Jabil Inc. (NYSE:JBL) rose about 1% in premarket trading on Wednesday after the electronics manufacturing services provider reported second-quarter results that exceeded analyst expectations and increased its outlook for the full fiscal year.
For the second quarter of fiscal 2026, the company posted adjusted earnings of $2.69 per share, beating the consensus estimate of $2.49 by $0.20. Revenue totaled $8.3 billion, ahead of analysts’ forecasts of $7.75 billion.
Jabil said the stronger results were driven by solid demand across its diversified business segments, particularly within Intelligent Infrastructure, where activity remained strong in cloud and data center infrastructure, networking and communications, and capital equipment. The company also reported better-than-expected performance in its Regulated Industries segment, with automotive and renewable energy markets showing improvement.
“Jabil delivered a very strong second quarter, with results ahead of our expectations across revenue, core operating margin, and core EPS,” said CEO Mike Dastoor. “Given the strength of our second-quarter results and increasing confidence in the back half of the year, we are raising our fiscal 2026 outlook for revenue and core EPS.”
Looking ahead, the company expects third-quarter fiscal 2026 adjusted earnings per share to range from $2.83 to $3.23, with a midpoint of $3.03. Revenue for the quarter is projected to come in between $8.1 billion and $8.9 billion.
For the full fiscal year 2026, Jabil raised its adjusted EPS guidance to $12.25, up from a previous forecast of $11.55 and above the analyst consensus estimate of $11.64. The company also increased its revenue outlook to $34 billion from $32.4 billion, compared with the $32.6 billion estimate from analysts. Jabil expects a core operating margin of 5.7% and adjusted free cash flow of at least $1.3 billion for the fiscal year.