Shares of Jabil Inc. rose more than 4% late Thursday after the St. Peterburg, Fla., company reported fiscal 2018 first-quarter earnings and sales above Wall Street forecasts. Jabil said it earned $64 million, or 35 cents a share, in the quarter, compared with $87 million, or 47 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 80 cents a share, compared with 69 cents a share a year ago. Revenue rose to $5.6 billion in the quarter, from $5.1 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of 79 cents a share on sales of $5.5 billion. For the second quarter, Jabil said it expects revenue between $4.75 billion and $5.05 billion, and adjusted earnings of 50 cents to 74 cents a share. Jabil shares ended the regular trading session Thursday down 3.8%.
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