Plexus Corp expected to post earnings of $1.02 a share - Earnings Preview

Plexus

24/07/2023 21:40

* Plexus Corp  PLXS.OQ   PLXS.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 26. 
    * The Neenah Wisconsin-based  company is expected to report 
a
4.4% increase in revenue to $1.024 billion from $981.34 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on April 26
2023, for the period ended June 30, was for revenue between 1.00
billion and 1.05 billion.
    * ​Refinitiv's mean analyst estimate for Plexus Corp is for
earnings of $1.02 per share. The company's EPS guidance on April
26 2023, for the period ended June 30, was between 1.05 and
1.23 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Plexus Corp
is
$110​, above​ its last closing price of $100.93. ​​​

The company's guidance on April 26 2023 for the period ended
June 30 was for Earnings before Interest and Taxes between 45
million and 52.5 million.The company's guidance on April 27 2023
for the period ended June 30 was for gross profit margin between
8.9% and 9.3%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.15        1.15       1.45      Beat    26.1
 Dec. 31 2023  1.48        1.48       1.49      Beat    0.9
 Sep. 30 2022  1.28        1.28       1.78      Beat    39.2​
 Jun. 30 2022  1.10        1.10       1.33      Beat    20.8
 ​​Mar.        0.99        1.00       0.95      Missed  -4.5
 31 2022                                                
 Dec. 31 2021  0.90        1.00       0.88      Missed  -11.9​
 Sep. 30 2021  1.22        1.23       1.16      Missed  -5.4
 Jun. 30 2021  0.79        0.75       0.99      Beat    32.6
 This summary was machine generated July 24 at 20:40 GMT.  All
figures in US dollars  unless otherwise stated