Flex Sees FY25 Revenues Of $25.4B-$26.4B Vs. $25.78B Estimate, Company Sees Adjusted EPS Of $2.30-$2.50 Vs. $2.38 Estimate
Portfolio Pulse from Benzinga Newsdesk
Flex Ltd. has provided its financial outlook for fiscal year 2025, projecting revenues between $25.4 billion and $26.4 billion, compared to the consensus estimate of $25.78 billion. The company also expects adjusted EPS to be in the range of $2.30 to $2.50, versus the estimate of $2.38.
July 24, 2024 | 12:14 pm
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POSITIVE IMPACT
Flex Ltd. has provided a positive financial outlook for FY25, with revenue and adjusted EPS projections slightly above consensus estimates. This could lead to a short-term positive impact on the stock price.
The revenue and EPS projections provided by Flex Ltd. are slightly above the consensus estimates, indicating a positive outlook for the company. This is likely to boost investor confidence and could result in a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100