Flex (NASDAQ:FLEX) reported its Q3 earnings results on Wednesday, January 31, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Flex beat estimated earnings by 16.39%, reporting an EPS of $0.71 versus an estimate of $0.61.
Revenue was down $653.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 10.98% increase in the share price the next day.
Here’s a look at Flex’s past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.51 | 0.51 | 0.55 |
| EPS Actual | 0.68 | 0.57 | 0.57 | 0.62 |
| Revenue Estimate | 7.52B | 7.28B | 7.21B | 6.89B |
| Revenue Actual | 7.47B | 7.34B | 7.48B | 7.76B |
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.
