Jabil Inc. (NYSE:JBL) has been making significant gains in market share and consistently expanding its revenue and profit margins due to key partnerships with companies like Tesla, Johnson & Johnson, and Amazon Web Services. The company finished its fiscal year strongly in the fourth quarter of 2023, surpassing earnings expectations and achieving revenue levels within the middle of its guidance range. Jabil’s long-term guidance exceeded investor expectations, indicating a promising future for the company’s earnings potential. The guidance was conservative regarding revenue expectations, taking into account limited macroeconomic recovery in certain markets.
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