Plexus Corp. (NASDAQ:PLXS) provider of electronic manufacturing services, is reporting fourth quarter earnings results on Wednesday 28th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 1.12 per share.
For the full year, analysts predict revenues of $ 3350.34 million, while looking forward to income of $ 3.93 per share.
The Company Outlook
Earnings for 4Q20 are anticipated in a range of $ 1.05 ~ $ 1.20 per share, while revenues are expected in a range of $ 850.00 million ~ $ 890.00 million
Click Here For More Historical Outlooks Of Plexus Corp.
Previous Quarter Performance
Plexus Corp. reported income for the third quarter of $ 1.20 per share, from the revenue of $ 857.39 million. The quarterly earnings raised 48.15 percent compared with the same quarter last year. Wall street analysts are predicting, PLXS to report 3Q20 income of $ 0.75 per share from revenue of $ 801.95 million. The bottom line results beat street analysts by $ 0.45 or 60.00 percent, at the same time, top line results outshined analysts by $ 55.44 million or 6.91 percent.
Stock Performance
Shares of Plexus Corp. traded low $ -0.54 or -0.76 percent on Tuesday, reaching $ 70.66 with volume of 99.40 thousand shares. Plexus Corp. has traded high as $ 71.43 and has cracked $ 70.45 on the downward trend
According to the previous trading day, closing price of $ 70.66, representing a 102.50 % increase from the 52 week low of $ 35.16 and a 17.72 % decrease over the 52 week high of $ 86.53.
The company has a market capital of $ 2.07 billion and is part of the Technology sector and Contract Manufacturers industry.
Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers design and development, supply chain, new product introduction, and manufacturing solutions, as well as aftermarket services. The company provides its solutions to companies in the healthcare and life sciences, industrial and commercial, communications, and aerospace and defense sectors.
