Investing.com -- Jabil Inc. (NYSE: JBL) shares jumped more than 4% premarket on Wednesday after the electronics manufacturing services provider reported first-quarter fiscal 2026 results that exceeded analyst expectations and raised its full-year outlook.

The company posted adjusted earnings of $2.85 per share for the quarter, beating the analyst estimate of $2.69 by 6%. Revenue came in at $8.3 billion, surpassing the consensus estimate of $8 billion and representing a significant improvement from the same period last year.

"Fiscal 2026 is off to an excellent start, with Q1 performance ahead of expectations across revenue, core operating margins, and core EPS," said CEO Mike Dastoor. "Our Intelligent Infrastructure segment remains a major growth engine, supported by accelerating demand across cloud, data center infrastructure, networking, and capital equipment."

For the second quarter of fiscal 2026, Jabil expects revenue between $7.5 billion and $8.0 billion, with adjusted earnings ranging from $2.27 to $2.67 per share.

The company also raised its full-year fiscal 2026 outlook, now projecting revenue of $32.4 billion compared to the previous analyst consensus of $31.6 billion. Jabil increased its adjusted earnings forecast to $11.55 per share, above the consensus estimate of $11.12, while maintaining its adjusted free cash flow projection of over $1.3 billion.

Dastoor noted that both the Regulated Industries and Connected Living & Digital Commerce segments are performing better than anticipated, providing momentum across the entire portfolio. "We will remain focused on driving profitable growth, expanding margins, delivering strong cash flow, and creating long-term value for our shareholders," he added.