Flex Q4 sales beat analyst estimates, raises FY 2027 guidance

Flex

05/05/2026 22:01

Overview

Global electronics manufacturer reported fiscal Q4 net sales up 17% yr/yr, beating analyst expectations

Adjusted EPS for fiscal Q4 was $0.93, beating analyst expectations

Company achieved sixth straight quarter with adjusted operating margin above 6%

Outlook

Flex sees Q1 FY2027 net sales of $7.35 bln to $7.65 bln

Company expects Q1 FY2027 adjusted EPS of $0.86 to $0.92

Flex forecasts FY2027 net sales of $32.3 bln to $33.8 bln

Company expects FY2027 adjusted EPS of $4.21 to $4.51

Full-year guidance does not include impact of planned Cloud and Power Infrastructure spin-off

Result Drivers

STRATEGIC EXECUTION - Co attributed Q4 results to disciplined execution and a clear strategy, supported by targeted acquisitions and capital investments

Company press release: ID:nPn5pmgga

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$7.48 bln
$6.96 bln (10 Analysts)
Q4 Adjusted EPS
Beat
$0.93
$0.87 (10 Analysts)
Q4 EPS
$0.67
Q4 Net Income
$250 mln
Q4 Gross Profit
$702 mln
Q4 Operating Income
$372 mln
Q4 Pretax Profit
$315 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for Flex Ltd is $80.00, about 12.9% below its May 4 closing price of $91.84

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)