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Stock impact report

Why Is Plexus (PLXS) Up 12.4% 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 positive trend continue leading up to its next earnings release, or is Plexus 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. Plexus Q2 Earnings & Revenues Beat Estimates Plexus reported second-quarter fiscal 2024 adjusted earnings per share (EPS) of 94 cents, which decreased 35.1% year over year. The Zacks Consensus Estimate was pegged at 87 cents per share. Revenues of $967 million decreased 9.7% year over year. The top-line performance was affected mainly due to weakness in the Healthcare/Life Sciences and Industrial sectors. Revenues surpassed the Zacks Consensus Estimate by 1.6%. In the reported quarter, revenues from Asia-Pacific and America declined 11.2% and 21.1%, respectively. Revenues from Europe, the Middle East and Africa rose 51.9%. In the fiscal second quarter, Plexus won 32 manufactur Show less Read more
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