Jabil Forecasts 2027 Above Estimates
Jabil forecast fiscal 2027 profit and revenue above Wall Street estimates on strong demand from artificial intelligence data centers. The electronics manufacturer also reported fourth quarter earnings and revenue that beat expectations.
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JABIL INC forecast fiscal 2027 revenue and profit above Wall Street estimates on Wednesday morning, driven by soaring artificial intelligence data center demand. The electronics component maker expects annual revenue of $44.5B. That beats analysts' average expectations of $42.79B, per data compiled by LSEG.
