Investing.com - Jabil Circuit (NYSE:JBL) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Jabil Circuit announced earnings per share of $1.3 on revenue of $7.21B. Analysts polled by Investing.com anticipated EPS of $1.04 on revenue of $6.95B.
Jabil Circuit shares are up 32.99% from the beginning of the year and are trading at $58.50 , 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 3.43% in pre-market 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, May 26, 2021, who reported EPS of $3.66 on revenue of $5.66B, compared to forecasts EPS of $3.29 on revenue of $5.4B.
Cisco had beat expectations on Wednesday, May 19, 2021 with third quarter EPS of $0.83 on revenue of $12.8B, compared to forecast for EPS of $0.8219 on revenue of $12.57B.
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