Jabil (JBL) Reports Earnings Tomorrow: What To Expect
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Jabil (JBL) is set to announce its earnings results this Thursday. Last quarter, it exceeded revenue expectations by 11.2%, reporting $7.83 billion, a 15.7% year-on-year increase. Analysts expect this quarter's revenue to grow 8.2% to $7.54 billion, with adjusted earnings at $2.95 per share. Despite missing revenue estimates twice in the past two years, Jabil's stock has risen 13% recently, with an average analyst price target of $230.25 against a current price of $236. Positive sentiment in the tech sector may influence results.
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