Flex Ltd <FLEX.OQ> expected to post earnings of 63 cents a share - Earnings Preview

• Flex Ltd FLEX.OQ FLEX.O is expected to show a fall in quarterly revenue when it reports results on July 24 for the period ending June 30 2025

• The Austin Texas-based company is expected to report a 0.8% decrease in revenue to $6.263 billion from $6.31 billion a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on May 7 2025, for the period ended June 30, was for revenue between $6.00 billion and $6.50 billion.

• ​LSEG's mean analyst estimate for Flex Ltd is for earnings of 63 cents per share. The company's EPS guidance on May 7 2025, for the period ended June 30, was between $0.58 and $0.66

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "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 Flex Ltd is $54.00, about 1.3% above its last closing price of $53.29

The company's guidance on May 7 2025 for the period ended June 30 was for Earnings before Interest and Taxes between USD330 million and USD370 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated July 22 at 12:39 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)