Flex Sees FY24 Revenue $30.5B-$31.5B Vs $30.88B Est; Sees Adj. EPS $2.35-$2.55 Vs $2.43 Est
Portfolio Pulse from Benzinga Newsdesk
Flex has projected its FY24 revenue to be between $30.5B and $31.5B, compared to the estimated $30.88B. The company also anticipates its adjusted EPS to be $2.35-$2.55, versus the estimated $2.43.
July 26, 2023 | 8:15 pm
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POSITIVE IMPACT
Flex's FY24 revenue and adjusted EPS forecasts are higher than the estimates, which could positively impact the company's stock price.
Flex's projected revenue and adjusted EPS for FY24 are higher than the estimates. This indicates that the company is confident about its future performance, which could lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100