Flex (NASDAQ:FLEX) reported its Q4 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Flex beat estimated earnings by 11.76%, reporting an EPS of $0.57 versus an estimate of $0.51.
Revenue was up $626.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 1.77% drop in the share price the next day.
Here’s a look at Flex’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.55 | 0.51 | 0.48 | 0.41 |
| EPS Actual | 0.62 | 0.63 | 0.54 | 0.52 |
| Revenue Estimate | 6.89B | 7.21B | 6.68B | 6.11B |
| Revenue Actual | 7.76B | 7.77B | 7.35B | 6.85B |
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.