Flex (NASDAQ:FLEX) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.51 by 23.53 percent. This is a 31.25 percent increase over earnings of $0.48 per share from the same period last year. The company reported quarterly sales of $7.77 billion which beat the analyst consensus estimate of $7.21 billion by 7.71 percent. This is a 24.67 percent increase over sales of $6.23 billion the same period last year.
Why Horizon Global Shares Are Trading Higher By Over 340%? Here Are Other Stocks Moving In Tuesday’s Mid-Day Session
Gainers
Horizon Global Corporation (NYSE: HZN) shares surged 341% to $1.7161 after the company announced it will be acquired by First Brands Group.