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    FLEX   SG9999000020

FLEX LTD.

(FLEX)
  Report
Delayed Nasdaq  -  04:00:00 2023-01-30 pm EST
23.03 USD   -2.17%
01/27FLEX LTD. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q)
AQ
01/27Citigroup Adjusts Flex's Price Target to $28 From $23, Keeps Buy Rating
MT
01/26Citigroup Adjusts Price Target on Flex to $28 From $23, Maintains Buy Rating
MT
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Flex: Fiscal Q2 Earnings Snapshot

10/26/2022 | 05:15pm EST

SINGAPORE (AP) _ Flex Ltd. (FLEX) on Wednesday reported fiscal second-quarter earnings of $232 million.

The Singapore-based company said it had net income of 50 cents per share. Earnings, adjusted for one-time gains and costs, came to 63 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.

The electronics designer and manufacturer posted revenue of $7.77 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $7.2 billion.

For the current quarter ending in December, Flex expects its per-share earnings to range from 57 cents to 63 cents.

The company said it expects revenue in the range of $7.3 billion to $7.7 billion for the fiscal third quarter.

Flex expects full-year earnings in the range of $2.20 to $2.35 per share, with revenue ranging from $29.1 billion to $30.1 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.
01/27FLEX LTD. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF O..
AQ
01/27Citigroup Adjusts Flex's Price Target to $28 From $23, Keeps Buy Rating
MT
01/26Citigroup Adjusts Price Target on Flex to $28 From $23, Maintains Buy Rating
MT
01/26JPMorgan Adjusts Flex Price Target to $30 From $23, Maintains Overweight Rating
MT
01/26Goldman Sachs Adjusts Price Target on Flex to $25 From $24, Maintains Buy Rating
MT
01/25Flex Q3 Non-GAAP EPS, Sales Climb; Revises Fiscal 2023 Guidance
MT
01/25Flex : Fiscal Q3 Earnings Snapshot
AQ
01/25Transcript : Flex Ltd., Q3 2023 Earnings Call, Jan 25, 2023
CI
01/25Flex reports third quarter fiscal 2023 results
PR
01/25Flex Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended December..
CI
More news
Analyst Recommendations on FLEX LTD.
More recommendations
Financials (USD)
Sales 2023 30 080 M - -
Net income 2023 838 M - -
Net Debt 2023 1 156 M - -
P/E ratio 2023 12,7x
Yield 2023 -
Capitalization 10 388 M 10 388 M -
EV / Sales 2023 0,38x
EV / Sales 2024 0,36x
Nbr of Employees 172 648
Free-Float 89,8%
Chart FLEX LTD.
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Technical analysis trends FLEX LTD.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Last Close Price 23,03 $
Average target price 28,29 $
Spread / Average Target 22,8%
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