Flex (NASDAQ:FLEX) reported its Q1 earnings results on Wednesday, July 27, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Flex beat estimated earnings by 12.5%, reporting an EPS of $0.54 versus an estimate of $0.48.
Revenue was up $1.00 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 2.93% drop in the share price the next day.
Here’s a look at Flex’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.41 | 0.37 | 0.35 | 0.38 |
| EPS Actual | 0.52 | 0.50 | 0.48 | 0.46 |
| Revenue Estimate | 6.11B | 5.58B | 5.49B | 6.14B |
| Revenue Actual | 6.85B | 6.62B | 6.23B | 6.34B |
To track all earnings releases for Flex visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
