JBL - Jabil stock climbs after FQ2 beats raised full-year outlook

Jabil (JBL) shares are up 4% after reporting fiscal Q2 beats earlier today with revenue up 11% on the year to $6.83B and EPS of $1.27, which topped estimates by $0.32.Diversified Manufacturing Services sales were up 26%, and Electronics Manufacturing Services revenue declined 1%.For FQ3, Jabil forecasts revenue of $6.6-7.2B (consensus: $6.33B) and core EPS of $0.90-1.10 (consensus: $0.87).The raised FY21 outlook has $28.5B in revenue, up from $27.5B and versus the $26.98B consensus, and EPS of $5, up from $4.60 and vs. the $3.94 estimate.Press release.

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Jabil stock climbs after FQ2 beats, raised full-year outlook