Flex Reports Third Quarter Fiscal 2017 Results

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Flextronics (FLEX) PT Raised to $17 at RBC Capital; Following 3Q Report

January 27, 2017 8:38 AM EST

RBC Capital raised its price target on Flextronics (NASDAQ: FLEX) to $17.00 (from $16.00) while maintaining a Outperform rating following the company's 3Q report. FLEX reported 3Q results of $6.11B/ $0.34, which was inline with Street expectations of $6.21B/ $0.33.

Analyst Amit Daryanani commented, "FLEX reported... More

Flextronics (FLEX) PT Raised to $17 at Needham & Company Following 3Q Report

January 27, 2017 8:08 AM EST

Needham & Company raised its price target on Flextronics (NASDAQ: FLEX) to $17.00 (from $16.00) while maintaining a Buy rating following the company's 3Q earnings report. FLEX reported revenue of $6.1B and EPS of $0.34, within guidance for $6.0-6.4B and $0.31-0.35. Consensus estimate was... More

Flextronics (FLEX) Tops Q3 EPS by 1c

January 26, 2017 4:07 PM EST

Flextronics (NASDAQ: FLEX) reported Q3 EPS of $0.34, $0.01 better than the analyst estimate of $0.33. Revenue for the quarter came in at $6.11 billion versus the consensus estimate of $6.21 billion.

GUIDANCE:

Flextronics sees Q4 2017 EPS of $0.27-$0.31, versus the consensus of $0.29.

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

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