Flextronics International FLEX unveils its next round of earnings Thursday. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement
Earnings and Revenue
Sell-side analysts expect Flextronics International's EPS to be near 30 cents per share on sales of $6.28 billion.
Flextronics International reported a profit of 29 cents when it published results during the same quarter last year. Sales in that period totaled $5.8 billion. If the company were to post earnings inline with the consensus estimate when it reports Thursday, EPS would be up 3.45 percent. Revenue would be up 7.11 percent from the year-ago period. Here's how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 0.3 | 0.26 | 0.26 | 0.29 |
EPS Actual | 0.31 | 0.27 | 0.24 | 0.29 |
Stock Performance
Over the last 52-week period, shares are up 2.03 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Flextronics International stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Flextronics International's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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