Flex Sees Q2 Revenues Of $6.2B-$6.8B Vs. $6.27B Estimate, Company Sees Adjusted EPS Of $0.52-$0.60 Vs. $0.55 Estimate
Portfolio Pulse from Benzinga Newsdesk
Flex Ltd. has provided its Q2 revenue guidance, expecting between $6.2 billion and $6.8 billion, compared to the $6.27 billion estimate. The company also forecasts adjusted EPS in the range of $0.52 to $0.60, versus the $0.55 estimate.
July 24, 2024 | 12:13 pm
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Flex Ltd. has issued its Q2 revenue and EPS guidance, which is slightly above and below analyst estimates respectively. This mixed guidance could lead to moderate volatility in the stock price.
The revenue guidance is slightly above the estimate, which is positive, but the EPS guidance range includes values both below and above the estimate, creating uncertainty. This mixed outlook is likely to result in moderate volatility in the stock price.
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