Plexus Sees Q2 2024 GAAP EPS $0.48-$0.63; Revenue $930M-970M VS $1.01B Est.
Portfolio Pulse from Benzinga Newsdesk
Plexus Corp. provided its Q2 2024 earnings guidance with a GAAP EPS range of $0.48-$0.63 and revenue projections of $930M-$970M, which is below the estimated $1.01B.
January 24, 2024 | 9:26 pm
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Plexus Corp. expects lower-than-estimated revenues and EPS for Q2 2024, with revenue guidance of $930M-$970M versus the $1.01B estimate.
Plexus Corp.'s guidance for Q2 2024 indicates revenues and EPS that are below analyst expectations, which could lead to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100