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Plexus Fiscal Q3 Adjusted Earnings, Sales Decline; Issues Fiscal Q4 Outlook
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Plexus Fiscal Q3 Adjusted Earnings, Sales Decline; Issues Fiscal Q4 Outlook
Jul 25, 2024 1:04 AM

03:32 AM EDT, 07/25/2024 (MT Newswires) -- Plexus (PLXS) reported fiscal Q3 adjusted earnings late Wednesday of $1.45 per diluted share, down from $1.46 a year earlier.

Five analysts surveyed by Capital IQ expected $1.22.

Net sales for the quarter ended June 29 were $960.8 million, down from $1.02 billion a year earlier.

Five analysts surveyed by Capital IQ expected $980.5 million.

For fiscal Q4, the company expects adjusted EPS of $1.50 to $1.65 and sales of between $990 million and $1.03 billion. Analysts polled by Capital IQ expect normalized EPS of $1.36 and revenue of $1.02 billion.

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