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    FLEX   SG9999000020

FLEX LTD.

(FLEX)
  Report
Delayed Nasdaq  -  04:00 2022-09-23 pm EDT
16.89 USD   -3.15%
09/19INSIDER SELL : Flex
MT
09/15Nokia and Flex to Combine 5G SA Private Wireless and Industry 4.0 Expertise for Advanced Manufacturing Solutions in Brazil
CI
09/15INSIDER SELL : Flex
MT
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Flex: Fiscal Q1 Earnings Snapshot

07/27/2022 | 05:42pm EDT

SINGAPORE (AP) _ Flex Ltd. (FLEX) on Wednesday reported fiscal first-quarter profit of $189 million.

The Singapore-based company said it had net income of 40 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 54 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.

The electronics designer and manufacturer posted revenue of $7.35 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $6.8 billion.

For the current quarter ending in October, Flex expects its per-share earnings to range from 48 cents to 54 cents.

The company said it expects revenue in the range of $7 billion to $7.4 billion for the fiscal second quarter.

Flex expects full-year earnings in the range of $2.09 to $2.24 per share, with revenue ranging from $28.4 billion to $29.4 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLEX at https://www.zacks.com/ap/FLEX

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

All news about FLEX LTD.
09/19INSIDER SELL : Flex
MT
09/15Nokia and Flex to Combine 5G SA Private Wireless and Industry 4.0 Expertise for Advance..
CI
09/15INSIDER SELL : Flex
MT
09/12TRANSCRIPT : Flex Ltd. Presents at Goldman Sachs Communacopia + Technology Conference 2022..
CI
09/07TRANSCRIPT : Flex Ltd. Presents at Citi’s 2022 Global Technology Conference, Sep-07-2..
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08/30Flex Announces Christopher Butler as President, Industrial Business
PR
08/30Flex Appoints Christopher Butler as President, Industrial Business
CI
08/26FLEX LTD. : Submission of Matters to a Vote of Security Holders, Other Events (form 8-K)
AQ
08/25Flex to Participate in Upcoming Investor Conferences
PR
08/24FLEX : Working with value chain partners to drive long-term sustainability
PU
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Analyst Recommendations on FLEX LTD.
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Financials (USD)
Sales 2023 28 967 M - -
Net income 2023 797 M - -
Net Debt 2023 940 M - -
P/E ratio 2023 9,11x
Yield 2023 -
Capitalization 7 703 M 7 703 M -
EV / Sales 2023 0,30x
EV / Sales 2024 0,28x
Nbr of Employees 172 648
Free-Float 89,6%
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Technical analysis trends FLEX LTD.
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Last Close Price 16,89 $
Average target price 23,14 $
Spread / Average Target 37,0%
EPS Revisions
Managers and Directors
Revathi Advaithi Chief Executive Officer & Director
Paul R. Lundstrom Chief Financial Officer
Michael D. Capellas Non-Executive Chairman
Gus Shahin Chief Information Officer
Kwang Hooi Tan President-Global Operations & Components
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