JBL

Outperforming without a clear catalyst yet

• JBL +1.54% on the last session vs SPY +0.74%: +0.8 pts of stock-specific move.
• Reported 4Q2026 Sep 30 before the open: EPS $4.40 vs $4.08 expected (beat, +$0.32, +8.0%); revenue $10.6B. The stock moved -10.0% on Wed's session (-9.8 pts vs SPY).
• Aftermath, big gain (Oct 1): After its 63 big gains in the past 5 years, JBL typically gained 2.1% over the next week (median) and was higher 60% of the time; half the outcomes fell between -2.2% and +5.3%. An ordinary week: +0.8%. Among S&P 500 stocks after big gains, that ranks #63 of 500.
• Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.