The organization announced adjusted earnings of $3.16 per share for the quarter, ahead of analyst projections of earnings of $3.10 per share and representing a 23.9 percent increase from last year.
The company reported quarterly sales of $8.75 billion, improving 11.7% from the same quarter last year and exceeding analyst estimates.
Offering its forward outlook, Jabil guided earnings forecast for the fiscal year 2026 in the range of $12.70 per share, compared with analyst expectations of $12.38 per share, while revenue forecast was set between $35.00 billion, versus consensus estimates of $34.24 billion.
Further, The organization reported earnings expectations for the fourth quarter of fiscal year 2026 in the range of $3.80 to $4.20 per share, compared with analyst expectations of $3.72 per share and the revenue expectations was set between $9.20 billion and $10.00 billion, versus consensus estimates of $8.97 billion.
The company’s CEO Mike Dastoor, stated, Jabil delivered a very strong third quarter, with results ahead of our expectations across revenue, core operating margin, core EPS, and free cash flow. AI infrastructure demand remains extremely strong, and our full-year AI-related revenue outlook is now meaningfully higher.”