The electronics assembly company Jabil Inc ( NYSE:JBL ) is seeing its stock price propelled 9.77% higher today after its earnings release beating consensus expectation.

Jabil's first quarter for fiscal year 2025 reported $7 billion in revenue, surpassing analysts' expectations of $6.6 billion. The company also posted $2.00 in adjusted earnings per share (EPS), beating the forecast of $1.88.

CEO Mike Dastoor credited the strong performance to increased demand in cloud, data center infrastructure, and digital commerce sectors contributed to these positive results. The company is also focusing on AI, healthcare, and warehouse automation investments.

Thus, Jabil raised its full-year revenue guidance to $27.3 billion and its EPS forecast to $8.75, up from previous estimates.

Today's announcement is special because, in the two previous quarters, Jabil's EPS missed the consensus expectation.

Deep dive into Jabil 's performance with charts, breakdowns, insiders, politician trading activities, guru insights and more by visiting GuruFocus now!

This article first appeared on GuruFocus .