Plexus Sees Q1 Adj EPS $1.52-1.67 vs $1.54 Est; Sees Sales $960.000M-1.000B vs $1.02B Est.
Portfolio Pulse from Benzinga Newsdesk
Plexus (NASDAQ:PLXS) has provided guidance for Q1 with adjusted EPS expected between $1.52 and $1.67, slightly above the analyst estimate of $1.54. However, the company anticipates sales between $960 million and $1 billion, which is below the analyst estimate of $1.02 billion.
October 23, 2024 | 8:29 pm
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Plexus' Q1 guidance shows adjusted EPS slightly above estimates, but sales are expected to fall short. This mixed outlook may lead to uncertainty in the stock's short-term performance.
The guidance for EPS is slightly above expectations, which is positive, but the sales forecast is below estimates, which is negative. This mixed guidance could lead to a neutral short-term impact on the stock price as investors weigh the positive EPS against the negative sales outlook.
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