NYSE:JBLElectronic
Upbeat Earnings Estimates And Insider Sale Might Change The Case For Investing In Jabil (JBL)
In recent days, Jabil has drawn attention as investors look ahead to its upcoming earnings report, with analysts expecting higher earnings per share and revenue while a senior executive sold 1,000 shares at US$340.00 each, leaving him with 39,843 shares.
An interesting angle is that earnings estimates have been revised upward without any cuts, pointing to sustained analyst confidence despite the insider sale.
With upbeat earnings expectations and rising analyst estimates in focus, we’ll now...