Jabil Circuit Rises on Earnings - TheStreet

Jabil Circuit Rises on Earnings

Publish date:

Jabil Circuit

(JBL) - Get Report

was up 4.3% in early trading after announcing fourth-quarter earnings of 24 cents per share, meeting the Street estimate and exceeding the year-ago result by 73%. The company raised its outlook for 2001 sales and operating income.

Donaldson Lufkin & Jenrette

lifted its EPS estimate for next year to $1.16 from $1.13.

Lehman Brothers

raised its price target for the stock to $72 from $60 and

Credit Suisse First Boston

upped its target to $70 from $55.