Jabil Inc.

What drives the forecast

• Jabil's June 17, 2026 Q4 guidance was $9.2–10.0 billion revenue, $589–649 million core operating income and $3.80–4.20 core EPS; the model's $9.8 billion and $4.14 are modestly above September 24 CapIQ consensus.
• Q3 cloud/data-center and networking demand, higher inventory tied to customer shipments and management's Q4 Intelligent Infrastructure guidance of ~$4.9 billion support $5.05 billion projected for that segment; July Celestica AI-infrastructure results corroborate resilient end demand.
• Regulated Industries $3.31 billion and Connected Living/Digital Commerce $1.44 billion allow for improved auto, renewables and connected-device conditions, but customer ramp timing and mixed consumer demand remain downside risks.
• FY26 Q1–Q3 revenue and core EPS were above the midpoint of their preceding guidance; September pre-release coverage still quoted ~$4.07 consensus, with no verified quarter-specific EPS downgrade found.
• Core-to-GAAP bridge excludes issuer-guided $24 million intangible amortization, $25 million stock compensation and $14 million restructuring; 105.06 million forecast diluted common shares imply $3.54 GAAP EPS versus $4.14 issuer-core EPS.