Shares of Jabil Inc. JBL rose 1.1% in premarket trading Thursday after the electronics manufacturing services reported fiscal second-quarter results that rose above expectations, and provided an upbeat full-year outlook. Net income for the quarter to Feb. 28 rose to $207 million, or $1.52 a share, from $222 million, or $1.51 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $1.88 beat the FactSet consensus of $1.85. Revenue grew 7.7% to $8.
1% in premarket trading Thursday after the electronics manufacturing services reported fiscal second-quarter results that rose above expectations, and provided an upbeat full-year outlook. Net income for the quarter to Feb. 28 rose to $207 million, or $1.52 a share, from $222 million, or $1.51 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $1.88 beat the FactSet consensus of $1.85. Revenue grew 7.7% to $8.