Jabil: Fiscal Q4 Earnings Snapshot – WTOP News
The electronics maker said strong AI data center demand pushed quarterly adjusted profit to $4.40 per share and revenue to $10.62 billion.
- On Wednesday and Thursday, companies including Accenture PLC and Jabil Inc. reported quarterly results, with several firms exceeding Wall Street expectations.
- Rising demand for data center infrastructure and artificial intelligence technologies has bolstered electronics companies, with Jabil CEO Mike Dastoor citing growth across automotive, healthcare, and energy sectors as key drivers.
- Accenture reported fiscal fourth-quarter net income of $1.99 billion on revenue of $18.68 billion. FactSet Research Systems Inc. posted fourth-quarter earnings of $121.1 million with revenue of $634.7 million, both topping Street forecasts.
- Jabil posted fourth-quarter revenue of $10.62 billion, a 28.6% increase, with full-year 2027 revenue expected to reach $44.5 billion; shares declined 2% in premarket trading despite the strong results.
- McCormick & Co. reported fiscal third-quarter profit of $97.6 million on Thursday, while Acuity Inc. followed with fiscal fourth-quarter earnings of $173 million, completing a week of broad corporate disclosures.
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Accenture’s Tech Clients Helped Quarterly Revenue Beat Estimates
Accenture Plc, the technology consulting firm that’s under pressure to show it can help clients adopt artificial intelligence and can undergo such a transition itself, reported that it booked more business in the fourth quarter than analysts had expected.
Accenture's shares, around 8:10 a.m. this Thursday (1st), fired 11.8% in the New York Stock Exchange pre-market (Nyse), after the business and technology consulting divulge results from the fourth fiscal quarter above what was expected by Wall Street. Exclusive material for subscribers. To have full access, access the link of the subject and register.
Marietta Daily Journal
Rockdale Citizen & Newton CitizenAcuity: Fiscal Q4 Earnings Snapshot
ATLANTA (AP) — ATLANTA (AP) — Acuity Inc. (AYI) on Thursday reported fiscal fourth-quarter earnings of $173 million.
Jabil forecasts full-year results above estimates on AI data center demand
Sept 30 (Reuters) - Jabil forecast profit and revenue for the fiscal year 2027 above Wall Street estimates on Wednesday, as the electronics component maker banks on demand from AI data centers. Rising investments in data center infrastructure, driven...
Jabil: Fiscal Q4 Earnings Snapshot – WTOP News
ST PETERSBURG, Fla. (AP) — ST PETERSBURG, Fla. (AP) — Jabil Inc. (JBL) on Wednesday reported fiscal fourth-quarter profit of $398 million. The St Petersburg, Florida-based company said it had profit of $3.76 per share. Earnings, adjusted for stock option expense and amortization costs, were $4.40 per share. The results beat Wall Street expectations. The...
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