Jabil rises after Q1 earnings beats estimates

Shares of electric component maker Jabil JBL.N up nearly 5% at about $223 premarket

Co's Q1 earnings beat is driven by strong growth in Intelligent Infrastructure, fueled by rising demand for cloud, data centers, networking and equipment

JBL reports adj. profit of $2.85/share, above Wall Street estimates of $2.70/share according to data compiled by LSEG

Its quarterly revenue is at $8.3 bln, above estimates of $8.09 bln

Co lifts 2026 EPS estimate to $11.55/share from prior forecast of $11/share

YTD, shares up 47.7%