Flex's Q3 Earnings & Revenues Beat Estimates, Rise Y/Y, Stock Up
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Flex reported better-than-expected fiscal third-quarter results, with both earnings and revenues surpassing estimates. The company also raised its revenue and EPS outlook for fiscal 2025, leading to an increase in its stock price.
January 30, 2025 | 3:30 pm
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Flex's fiscal Q3 results exceeded expectations, with both earnings and revenues beating estimates. The company also raised its revenue and EPS outlook for fiscal 2025, which positively impacted its stock price.
Flex's better-than-expected earnings and revenue results, along with an optimistic outlook for fiscal 2025, are strong positive signals for investors. Such results typically lead to increased investor confidence and a rise in stock price, as seen in the market reaction.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100