Flex shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 adjusted EPs guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Flex shares rose following the release of Q2 financial results that surpassed expectations, along with Q3 adjusted EPS guidance that exceeded estimates.
October 30, 2024 | 2:51 pm
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POSITIVE IMPACT
Flex shares increased due to better-than-expected Q2 financial results and Q3 EPS guidance surpassing estimates.
The positive Q2 results and higher-than-expected Q3 EPS guidance are likely to boost investor confidence, leading to a short-term increase in Flex's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100