Investing.com - Jabil Circuit reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Jabil Circuit announced earnings per share of $1.27 on revenue of $6.83B. Analysts polled by Investing.com anticipated EPS of $0.9446 on revenue of $6.56B.
Jabil Circuit shares are up 14.84% from the beginning of the year and are trading at $49.50 , 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 1.35% 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 February 24, who reported EPS of $3.1 on revenue of $5B, compared to forecasts EPS of $2.81 on revenue of $4.82B.
Oracle had beat expectations on March 10 with third quarter EPS of $1.16 on revenue of $10.09B, compared to forecast for EPS of $1.11 on revenue of $10.07B.
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