Jabil beat fourth-quarter estimates and forecast fiscal 2027 revenue and adjusted earnings above consensus on Wednesday, helped by demand for AI infrastructure, but its shares fell 3% in premarket trading. The Apple supplier reported fourth-quarter adjusted earnings of $4.40 per share, beating the $4.08 consensus estimate, while revenue rose 28.5% year over year to $10.6B, topping estimates of $9.72B. For fiscal 2027, Jabil forecasts revenue of $44.5B, above the $42.93B consensus estimate, and adjusted earnings of $17.55 per share, compared with analysts' estimate of $16.92. For the first quarter, the company expects revenue between $10.6B and $11.4B, compared with estimates of $10.09B, and adjusted earnings of $3.80 to $4.20 per share, above the $3.66 consensus at the midpoint. Jabil also expects fiscal 2027 revenue to grow 24% and core operating margin to expand by 30 basis points to 6.1%, with CEO Mike Dastoor citing significant growth in AI infrastructure during fiscal 2026 and confidence in the year ahead.
Apple Inc.
Applovin CorpJabil Circuit IncJabil beat Q4 estimates and guided fiscal 2027 revenue and EPS above consensus.
