financetom
Business
financetom
/
Business
/
Flex's Fiscal Q2 Adjusted Earnings, Net Sales Rise; Issues Fiscal Q3 Outlook, Raises Fiscal 2026 Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Flex's Fiscal Q2 Adjusted Earnings, Net Sales Rise; Issues Fiscal Q3 Outlook, Raises Fiscal 2026 Guidance
Oct 29, 2025 5:51 AM

08:30 AM EDT, 10/29/2025 (MT Newswires) -- Flex (FLEX) reported fiscal Q2 adjusted earnings on Wednesday of $0.79 per diluted share, up from $0.64 a year earlier.

Analysts polled by FactSet expected $0.75.

Net sales for the quarter ended Sept. 26 was $6.80 billion, compared with $6.55 billion a year earlier.

Analysts surveyed by FactSet expected $6.68 billion.

For fiscal Q3, the company expects adjusted earnings to be $0.74 to $0.80 per share on net sales of $6.65 billion to $6.95 billion. Analysts polled by FactSet expect adjusted earnings of $0.77 per share on net sales of $6.74 billion.

For fiscal 2026, Flex raised its adjusted earnings guidance to $3.09 to $3.17 per share from $2.86 to $3.06 previously, on net sales of $26.70 billion to $27.30 billion from a previous projection of $25.90 billion to $27.10 billion. Analysts polled by FactSet expect adjusted earnings of $3.03 per share on net sales of $26.64 billion.

Shares of the company were down 2.5% in Wednesday's premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: PricewaterhouseCoopers Probed by China for Role in Evergrande Fraud Case
Market Chatter: PricewaterhouseCoopers Probed by China for Role in Evergrande Fraud Case
Mar 22, 2024
08:16 AM EDT, 03/22/2024 (MT Newswires) -- PricewaterhouseCoopers is under scrutiny by Chinese authorities for its role in the China Evergrande Group's $78 billion accounting fraud case, Bloomberg News reported Friday, citing people familiar with the matter. China's securities regulator has accused Evergrande's main subsidiary Hengda Real Estate Group of overstating its revenue in the two years through 2020, before...
SoFi Technologies Insider Sold Shares Worth $389,972, According to a Recent SEC Filing
SoFi Technologies Insider Sold Shares Worth $389,972, According to a Recent SEC Filing
Mar 22, 2024
08:14 AM EDT, 03/22/2024 (MT Newswires) -- Jeremy Rishel, Chief Technology Officer, on March 19, 2024, sold 56,273 shares in SoFi Technologies ( SOFI ) for $389,972. Following the Form 4 filing with the SEC, Rishel has control over a total of 390,616 shares of the company, with 390,616 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1818874/000181887424000074/xslF345X03/wk-form4_1711060644.xml Price: 7.4, Change: -0.04, Percent...
Ispire Technology Prices $12.3 Million Common Stock Offering; Shares Fall Pre-Bell
Ispire Technology Prices $12.3 Million Common Stock Offering; Shares Fall Pre-Bell
Mar 22, 2024
08:16 AM EDT, 03/22/2024 (MT Newswires) -- Ispire Technology ( ISPR ) said Friday that has t priced a public offering of 2.05 million common shares at $6 each for gross proceeds of $12.3 million. The offering is expected to close around Tuesday. The company said it intends to use the net proceeds in connection with the establishment and operation...
PepsiCo to Invest $390 Million in Two New Vietnam Factories
PepsiCo to Invest $390 Million in Two New Vietnam Factories
Mar 22, 2024
08:16 AM EDT, 03/22/2024 (MT Newswires) -- PepsiCo ( PEP ) plans to invest $390 million for two renewable energy-powered factories in Vietnam, the prime minister's office said following a meeting with business leaders on Thursday. Ted Osius, a former US ambassador to Vietnam who now serves as president and chief executive of US-ASEAN Business Council, said at a conference...
Copyright 2023-2026 - www.financetom.com All Rights Reserved