Flex Ltd. Surpasses Q2 Expectations And Lifts FY25 EPS Guidance: Details
Portfolio Pulse from Nabaparna Bhattacharya
Flex Ltd. reported better-than-expected Q2 results, with EPS of 64 cents beating estimates. The company raised its FY25 EPS guidance but lowered its revenue outlook. Shares rose 3.17% following the news.
October 30, 2024 | 5:33 pm
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Flex Ltd. reported Q2 EPS of 64 cents, surpassing expectations, and raised its FY25 EPS guidance. However, it lowered its revenue outlook. Shares rose 3.17% following the announcement.
Flex Ltd. exceeded Q2 earnings expectations and raised its FY25 EPS guidance, which is positive for investor sentiment. However, the lowered revenue outlook tempers the enthusiasm slightly. The immediate market reaction was positive, with shares rising 3.17%.
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