Jabil forecasts full-year results above estimates on AI data center demand
JBL•Jabil forecast fiscal 2027 revenue of $44.5 billion and adjusted earnings per share of $17.55, both above analyst estimates, citing AI data center demand. Fourth-quarter revenue rose 28.6% to $10.62 billion, and adjusted earnings per share were $4.40, also above estimates.
1. Fiscal 2027 outlook
Jabil forecast fiscal 2027 revenue of $44.5 billion, above analysts’ average estimate of $42.79 billion, and adjusted earnings per share of $17.55, compared with estimates of $16.87. CEO Mike Dastoor said the outlook was driven by strong AI demand and growth across automotive, healthcare, energy infrastructure, defense and aerospace, and warehouse and retail automation.
2. Fourth-quarter results
Fourth-quarter adjusted earnings per share were $4.40, above analysts’ expectations of $4.07. Revenue rose 28.6% to $10.62 billion, beating estimates of $9.71 billion. Jabil makes servers, networking gear and other hardware that support AI workloads.
