Jabil Inc.
(NYSE:JBL) stock rose on Wednesday after the manufacturing services provider reported better-than-expected fiscal third-quarter 2026 results and raised its full-year guidance, supported by strong demand for artificial intelligence infrastructure.
The company reported adjusted earnings of $3.16 per share, topping the analyst consensus estimate of $3.10.
Revenue increased 12% year over year to $8.75 billion, exceeding analysts' expectations of $8.61 billion.
Cash and cash equivalents totaled $1.36 billion as of May 31.
