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Jabil is trading sharply lower despite delivering its biggest core EPS beat in five years and strong 18.5% yr/yr revenue growth in Q4 (Aug) to $8.25 bln, well above its prior $7.1-7.8 bln guidance. All three segments topped expectations, marking Jabil's strongest top-line growth in three years.

• Q1 (Nov) guidance came in above expectations, with its FY26 outlook also beating consensus, though not a "blowout" vs. high investor hopes.
• Operating margin improved 50 bps yr/yr to 6.3%, notable for a typically thin-margin business.
• Jabil saw broad-based upside in AI-related end markets — including cloud, data center infrastructure, and capital equipment.
• Softness in EVs, Renewables, and 5G was noted, though partially offset by gains in industrial automation and strategic repositioning.

Looking ahead, Jabil expects:

• Intelligent Infrastructure segment to lead Q1 growth with $3.67 bln in revenue, up 47% yr/yr, fueled by sustained AI/data center strength.
• Regulated Industries to grow 3% yr/yr to $3.05 bln.
• Connected Living & Digital Commerce, its smallest segment, to decline 16% yr/yr to $1.29 bln as Jabil exits lower-margin programs.

Briefing.com Analyst Insight:

Jabil crushed expectations across the board and is clearly riding high-growth trends in AI infrastructure and industrial automation. However, with the stock up nearly $40 since early September, sentiment was stretched — and investors appeared disappointed with FY26 guidance that, while solid, didn't deliver the high-octane upside some were hoping for. Still, Jabil's broad positioning across the entire AI hardware ecosystem makes it a name to watch, even if near-term profit-taking is in play.