Flex Ltd reports results for the quarter ended June 30 - Earnings Summary

Flex

29/07/2026 14:32

Flex Ltd FLEX.OQ reported quarterly adjusted earnings of $1.00​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 72 cents.  The mean expectation of twelve analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 82 cents to $1.00 per share.
Revenue rose 20.6% to $7.93 billion from a year ago; analysts expected $7.56 billion. 
Flex Ltd's reported EPS for the quarter was 76 cents​.
The company reported quarterly net income of $285 million.
Flex Ltd shares had fallen by 30.1% this quarter and gained 87.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 10.3% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy" 
Wall Street's median 12-month price target for Flex Ltd is $168.32, about 32.7% above its last closing price of $113.28
This summary was machine generated from LSEG data July 29 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.91
1.00
Beat
Mar. 31 2026 
0.87
0.93
Beat
Dec. 31 2025 
0.79
0.87
Beat
Sep. 30 2025 
0.75
0.79
Beat