Flex Ltd. FLEX shares are trading greater on Wednesday after reporting fourth-quarter outcomes.
The business reported adjusted revenues per share of 73 cents, beating the Street view of 63 cents. Quarterly sales of $6.4 billion outmatched the expert agreement of $6.24 billion. Earnings were greater than $6.169 billion in the year-ago duration.
” We had a really strong surface to the year, with record changed running margins for both Q4 and for the complete year, and we provided our 5th successive year of double-digit adjusted EPS development,” stated Revathi Advaithi, CEO of Flex.
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Gross revenue in the quarter under evaluation was $563 million, greater than $437 million a year earlier.
Outlook: Flex anticipates first-quarter adjusted EPS in between 58 cents and 66 cents, compared to the 64 cents agreement price quote.
It anticipates sales in the variety of $6 billion to $6.5 billion, somewhat listed below the $6.35 billion expert expectation.
Flex projections FY2026 changed EPS in between $2.81 and $3.01, compared to the $2.84 agreement price quote.
The business anticipates FY2026 sales in between $25 billion and $26.8 billion, versus the $26.1 billion price quote.
” As we seek to FY 2026, we continue to see strong need from our information center consumers as we continue to move the portfolio towards more rewarding organization,” Advaithi included.
Rate Action: FLEX shares are trading greater by 3.26% to $37.97 at last check Wednesday.
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