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0.000153562653562732 0.000614250614250492 0.00168918918918918 0.00184275184275191 0.00353194103194109 0.0059889434889435 0.0059889434889435 0.00537469287469279
Stock impact report

Flex (FLEX) Up 2% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

Flex Ltd. - Ordinary Shares (FLEX) 
Last flex ltd. - ordinary shares earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.flex.com/home/default.aspx
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Flex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. FLEX's Q1 Earnings Top Estimates Flex reported first-quarter fiscal 2025 adjusted earnings per share (EPS) of 51 cents, beating the Zacks Consensus Estimate by 24.4%. The bottom line compared favorably with the prior-year quarter's 47 cents per share. Revenues fell 8% year over year to $6.3 billion. However, it surpassed the consensus mark by 7%. The downside resulted from a slowdown in the Agility and Reliability Solutions business segments. Segment Details The Flex Reliability Solutions Group encompasses Health Solutions, Automotive and Industrial businesses. Revenues were down 10% year over year to $2.9 billion. The downtick is caused by weak macro trends in core industrial a Show less Read more
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