Jabil beats quarterly estimates and forecasts stronger 2027

Jabil reported fiscal fourth-quarter revenue of $10.62 billion and adjusted earnings of $4.40 per share, beating analysts’ estimates, and forecast fiscal 2027 revenue and earnings above market expectations. The electronics manufacturing company’s outlook points to continued growth, with demand from AI data centers among the factors management cited. For fiscal 2027, Jabil projected revenue of $44.5 billion and adjusted earnings of $17.55 per share. Those forecasts exceeded analyst estimates cited in the reports, which ranged from $42.6 billion to $42.79 billion for revenue and from $16.58 to $16.87 for earnings. The differences reflect varying estimates and comparisons reported by analysts. Chief Executive Mike Dastoor said the outlook was driven by strong AI demand and growth in several other sectors, including automotive, healthcare, energy infrastructure, defense and aerospace, and warehouse and retail automation. The company makes servers, networking equipment and other hardware used in AI workloads. The reports did not quantify how much of the projected growth would come from AI data centers versus its other markets. In the quarter, revenue rose 28.