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Friday, April 27, 2018

=Flex (FLEX) reported earnings on Thur 26 Apr 2018 (a/h)



Flex misses by $0.02, beats on revs; guides Q1 EPS below consensus, revs in-line
  • Reports Q4 (Mar) earnings of $0.28 per share, excluding non-recurring items, $0.02 worse than the Capital IQ Consensus of $0.30; revenues rose 9.3% year/year to $6.41 bln vs the $6.27 bln Capital IQ Consensus.
  • Co issues guidancefor Q1, sees EPS of $0.22-0.26, excluding non-recurring items, vs. $0.32 Capital IQ Consensus Estimate; sees Q1 revs of $6.3-6.7 bln vs. $6.3 bln Capital IQ Consensus Estimate.

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