Flextronics (FLEX) Tops Q2 EPS by 1c, Revenues Miss; Lowers FY19 EPS/Revenue Guidance Below Consensus

Flextronics (NASDAQ: FLEX) reported Q2 EPS of $0.29, $0.01 better than the analyst estimate of $0.28. Revenue for the quarter came in at $6.71 billion versus the consensus estimate of $6.79 billion.

GUIDANCE:

Flextronics sees Q3 2019 EPS of $0.29-$0.33, versus the consensus of $0.36. Flextronics sees Q3 2019 revenue of $6.6-7 billion, versus the consensus of $7.31 billion.

Flextronics sees FY2019 EPS of $1.05-$1.15, versus the consensus of $1.23. Flextronics sees FY2019 revenue of $26-27 billion, versus the consensus of $27.56 billion.

For earnings history and earnings-related data on Flextronics (FLEX) click here.

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