Plexus Corp expected to post earnings of $1.28 a share - Earnings Preview

Plexus

25/10/2022 01:55

* Plexus Corp  PLXS.OQ   PLXS.O  is expected to show a rise
in
quarterly revenue when it reports  results on October 26. 
    * The Neenah Wisconsin-based  company is expected to report 
a
19.6% increase in revenue to $1.009 billion from $843.24 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on July 28 2022,
for the period ended September 30, was for revenue between
980.00 million and 1.02 billion.
    * ​Refinitiv's mean analyst estimate for Plexus Corp is for
earnings of $1.28 per share. The company's EPS guidance on July
28 2022, for the period ended September 30, was between 1.19 and
1.35 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Plexus Corp
is
$105​, above​ its last closing price of $94.25. ​​​

The company's guidance on July 28 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
46.06 million and 53.04 million.The company's guidance on July
28 2022 for the period ended September 30 was for gross profit
margin between 9% and 9.4%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.10        1.10       1.33      Beat    20.8
 Mar. 31 2022  0.99        1.00       0.95      Missed  -4.5
 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.        0.79        0.75       0.99      Beat    32.6
 30 2021                                                
 Mar. 31 2021  1.25        1.25       1.49      Beat    19.5​
 Dec. 31 2020  1.10        1.09       1.23      Beat    12.8
 Sep. 30 2020  1.12        1.12       1.26      Beat    12.4
 This summary was machine generated October 25 at 00:55 GMT.  All
figures in US dollars  unless otherwise stated