ST PETERSBURG, Fla. (AP) — ST PETERSBURG, Fla. (AP) — Jabil Inc. (JBL) on Friday reported fiscal second-quarter profit of $927 million.

The St Petersburg, Florida-based company said it had profit of $7.31 per share. Earnings, adjusted for one-time gains and costs, were $1.68 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share.

The electronics manufacturer posted revenue of $6.77 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $6.91 billion.

For the current quarter ending in May, Jabil expects its per-share earnings to range from $1.65 to $2.05.

The company said it expects revenue in the range of $6.2 billion to $6.8 billion for the fiscal third quarter.

Jabil expects full-year earnings to be $8.40 per share, with revenue expected to be $28.5 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBL at https://www.zacks.com/ap/JBL

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News