Jabil’s Hot Streak Continues
The tech sector continues to lead the market higher, with those that can deliver strong results being rewarded handily by investors. 💸
Electronic supplier and manufacturer Jabil is the latest to beat first-quarter earnings and revenue expectations. Its adjusted earnings per share of $2.60 on $8.39 billion in revenues narrowly beat forecasts of $2.58 and $8.35 billion. 🔺