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PLXSBearishEarningsnews
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Plexus (PLXS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Jul 24, 2024, 8:11 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

Plexus reported $960.75 million revenue, down 6% year-over-year. EPS of $1.45 beat consensus estimate of $1.28 by 13.28%. Healthcare revenue slightly surpassed estimates, while Aerospace/Defense grew 24.5%. Industrial revenue declined 5.8%, missing its average estimate. Plexus stock has gained 15.3% over the past month.

  • Plexus reported $960.75 million revenue, down 6% year-over-year.
  • EPS of $1.45 beat consensus estimate of $1.28 by 13.28%.
  • Healthcare revenue slightly surpassed estimates, while Aerospace/Defense grew 24.5%.
  • Industrial revenue declined 5.8%, missing its average estimate.
  • Plexus stock has gained 15.3% over the past month.

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