MU, JBL and FDS Top Estimates; MU EPS $33.42 vs $31.77 Expected

Three large-cap companies reported quarterly results on Wednesday, September 30, 2026, and all three exceeded consensus estimates for both earnings per share and revenue, according to the earnings calendar. The calendar does not state whether each report was released before or after the trading session.

MU, the largest of the three by market capitalization at about $992.88 billion, reported earnings of $33.42 per share, compared with an estimate of $31.77, a beat of $1.65, or 5.19%. Revenue was $54.23 billion against a $51.33 billion estimate, about $2.89 billion, or 5.64%, above expectations.

JBL reported earnings of $4.40 per share versus an estimate of $4.07, a difference of $0.33, or 8.11%. Its revenue of $10.62 billion topped the $9.71 billion forecast by about $903.44 million, or 9.30%, the largest percentage revenue surprise among the three.

FDS posted earnings of $4.52 per share, above the $4.35 estimate by $0.17, or 3.91%. Revenue was $634.70 million, compared with an estimate of $629.83 million, a margin of 0.77%.

None of the three appeared among the five largest gainers or decliners in the tracked large-cap universe for the day. Technology (XLK) was the only sector ETF to rise on the session, gaining 0.64%, while SPY slipped 0.21%.

Across the three reports, per-share beats ranged from 3.91% at FDS to 8.11% at JBL, while revenue surprises ranged from 0.77% at FDS to 9.30% at JBL. The results coincided with a heavy macro calendar that included August PCE inflation data and second-quarter GDP.

Data

Data: FMP. Figures are close-to-close unless stated.