Flex: Q3 Earnings Insights - Flex (NASDAQ:FLEX)

Flex FLEX reported its Q3 earnings results on Wednesday, January 31, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Flex beat estimated earnings by 16.39%, reporting an EPS of $0.71 versus an estimate of $0.61.

Revenue was down $653.00 million from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 10.98% increase in the share price the next day.

Here's a look at Flex's past performance:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.58	0.51	0.51	0.55
EPS Actual	0.68	0.57	0.57	0.62
Revenue Estimate	7.52B	7.28B	7.21B	6.89B
Revenue Actual	7.47B	7.34B	7.48B	7.76B

To track all earnings releases for Flex visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.