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Benzinga
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Jabil Analysts Boost Their Forecasts After Upbeat Earnings

1. Jabil's Q3 results exceeded expectations with EPS of $2.55 vs. $2.31 forecast. 2. Quarterly sales reached $7.83 billion, surpassing the $7.06 billion estimate. 3. For Q4, projected revenues of $7.10B to $7.80B exceeded prior consensus. 4. Analysts raised price targets following earnings, reflecting strong growth outlook. 5. Jabil shares rose 4.1% post-announcement, now trading at $204.98.

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FAQ

Why Very Bullish?

Jabil's strong earnings and raised forecasts are expected to drive stock price higher, similar to past performance in bullish quarters.

How important is it?

Strong quarterly performance and analyst support indicate significant potential for short-term price appreciation.

Why Short Term?

Analysts' upgrades post-earnings will likely boost investor sentiment rapidly, affecting stock price in the near term.

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