Plexus Sees Q4 Adk. EPS $1.50-$1.65 Vs $1.30 Est.; Revenue $990-$1.03B Vs $981.250M Est.
Portfolio Pulse from Benzinga Newsdesk
Plexus Corp. (PLXS) has provided its Q4 earnings guidance, projecting adjusted EPS between $1.50 and $1.65, surpassing the estimated $1.30. The company also expects revenue between $990 million and $1.03 billion, exceeding the estimated $981.25 million.
July 24, 2024 | 8:56 pm
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Plexus Corp. has issued a strong Q4 earnings guidance, with adjusted EPS and revenue projections both exceeding analyst estimates. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
The company's guidance for both EPS and revenue surpasses analyst expectations, indicating strong performance and potential growth. This is likely to attract positive investor sentiment and result in a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100