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JBL - Is Jabil a Buy After This Muscular Earnings Report?
Jabil Inc.
Electronics manufacturing veteran Jabil(NYSE: JBL) reported earnings early Tuesday morning, covering the first quarter of fiscal year 2020. The company beat analyst expectations across the board and issued guidance targets generally ahead of the current Street view. Investors embraced the report with open arms, and Jabil's shares closed 6.8% higher on Tuesday.