Plexus Corp expected to post earnings of $1.59 a share - Earnings Preview

Plexus

20/01/2025 21:05

* Plexus Corp  PLXS.OQ   PLXS.O  is expected to show a fall
in
quarterly revenue when it reports  results on January 22 for the
period ending December 31 2024
    * The Neenah Wisconsin-based  company is expected to report
a
0.0% decrease in revenue to $982.22 million from $982.61 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on October 24 2024,
for the period ended December 31, was for revenue between 960.00
million and 1.00 billion.
    * ​LSEG's mean analyst estimate for Plexus Corp is for
earnings of
$1.59 per share. The company's EPS guidance on October 24 2024,
for the period ended December 31, was between 1.52 and 1.67 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "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
$161.00​, below​ its last closing price of $167.36. ​​​

The company's guidance on October 24 2024 for the period ended
December 31 was for Earnings before Interest and Taxes between
54.72 million and 61 million.The company's guidance on October
24 2024 for the period ended December 31 was for gross profit
margin between 10.1% and 10.4%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.55        1.55       1.85      Beat    19.3
 Jun. 30 2024  1.30        1.31       1.45      Beat    11.1
 Mar. 31 2024  0.87        0.87       0.58      Missed  -33.3​
 Dec. 31 2023  1.04        1.08       1.04      Missed  -3.9
 ​​Sep.        1.26        1.26       1.44      Beat    14
 30 2023                                                
 Jun. 30 2023  1.00        1.02       1.32      Beat    29.9​
 Mar. 31 2023  1.15        1.15       1.45      Beat    26.1
 Dec. 31 2022  1.48        1.48       1.49      Beat    0.9
 This summary was machine generated January 20 at 21:05 GMT.  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)