Plexus Corp reports results for the quarter ended December 31 - Earnings Summary

• Plexus Corp PLXS.OQ reported quarterly adjusted earnings of $1.73​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.04. The mean expectation of six analysts for the quarter was for earnings of $1.59 per share. Wall Street expected results to range from $1.57 to $1.61 per share.

• Revenue fell 0.7% to $976.12 million from a year ago; analysts expected $982.22 million.

• Plexus Corp's reported EPS for the quarter was $1.34​.

• The company reported quarterly net income of $37.27 million.

• Plexus Corp shares had risen by 8.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• 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 average consensus recommendation for the electronic equipment & parts peer group is "hold."

Wall Street's median 12-month price target for Plexus Corp is $161.00

This summary was machine generated from LSEG data January 22 at 10:02 p.m. UTC. ​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)