Flex (NASDAQ:FLEX) announced its Q3 earnings on Wednesday, January 29, 2025 at 08:05 AM.

Here's a breakdown of the earnings report.

Earnings

Flex beat estimated earnings by 22.0%, reporting an EPS of $0.77 versus an estimate of $0.63.

Revenue was down $547.00 million from the same period last year.

Earnings History Overview

The company beat on EPS by $0.08 in the previous quarter, leading to a 3.0% drop share price change the next day.

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

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Flex management provided guidance for FY 2025, expecting earnings between $2.57 and $2.65 per share.

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.