Brief: Plexus Q1 Posts Adj Earnings Per Share Of $1.00

Plexus

22/01/2020 21:45

Jan 22 (Reuters) - Plexus Corp  PLXS.O :
    * PLEXUS ANNOUNCES FISCAL FIRST QUARTER FINANCIAL RESULTS
    * Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.00 EXCLUDING
ITEMS
    * Q1 GAAP EARNINGS PER SHARE $1.03
    * Q1 EARNINGS PER SHARE ESTIMATE $0.93 -- REFINITIV IBES
DATA
    * SEES Q2 2020 REVENUE $790 MILLION TO $830 MILLION
    * Q1 REVENUE $852 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$803.4
MILLION
    * SEES Q2 2020 GAAP EARNINGS PER SHARE $0.80 TO $0.90,
EXCLUDING
ANY NON-RECURRING CHARGE
    * Q2 EARNINGS PER SHARE VIEW $0.96, REVENUE VIEW $821.4
MILLION --
REFINITIV IBES DATA
    * Q2 EARNINGS PER SHARE FORECAST IMPACTED BY SEASONAL
PAYROLL
COSTS AND PAUSE OF TWO LARGER PROGRAMS IN OUR ENGINEERING
ORGANIZATION
    * OUTLOOK FOR FISCAL 2020 REMAINS GENERALLY UNCHANGED FROM
PREVIOUS EXPECTATIONS

Source text for Eikon:  ID:nGNX80K6ZZ 
Further company coverage:  PLXS.O 

 ((Reuters.Briefs@thomsonreuters.com;))