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Stock impact report

Why Is Plexus (PLXS) Down 4.2% Since Last Earnings Report? [Yahoo! Finance]

Plexus Corp. (PLXS) 
Last plexus corp. earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: plexus.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Plexus due for a breakout? 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. Plexus Q3 Earnings Top Estimates Plexus reported third-quarter fiscal 2024 adjusted earnings per share (EPS) of $1.45, down 0.7% year over year. The figure outpaced the Zacks Consensus Estimate of $1.28 per share. Revenues of $961 million decreased 6% year over year. The top-line contraction was due to poor performance in the Healthcare/Life Sciences and Industrial sectors. Revenues missed the Zacks Consensus Estimate by 1.95%. In the reported quarter, revenues from the Asia-Pacific and America declined 8.7% and 10.5%, respectively. Revenues from Europe, the Middle East and Africa rose 30.5%. During the fiscal third quarter, Plexus won 35 manufacturing programs, which are esti Show less Read more
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