Investing.com - Jabil Circuit (NYSE:JBL) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Jabil Circuit announced earnings per share of $1.6 on revenue of $7.83B. Analysts polled by Investing.com anticipated EPS of $1.27 on revenue of $7.03B.
Jabil Circuit shares are up 6.65% from the beginning of the year and are trading at $44.08 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Jabil Circuit shares gained 7.36% in intra-day trade the report.
Jabil Circuit follows other major Technology sector earnings this month
Jabil Circuit's report follows an earnings beat by NVIDIA on Wednesday, November 18, 2020, who reported EPS of $2.91 on revenue of $4.73B, compared to forecasts EPS of $2.58 on revenue of $4.42B.
Adobe had beat expectations on Thursday, December 10, 2020 with fourth quarter EPS of $2.81 on revenue of $3.42B, compared to forecast for EPS of $2.66 on revenue of $3.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar