Sees FY24 adjusted EPS $2.05-$2.18. Sees FY24 revenue $25.9B-$26.5B. Core Flex represents Flex, excluding Flex’s 51.47% economic interest in Nextracker, which is currently consolidated within Flex, and which is expected to be distributed to Flex shareholders in a tax-free spin-off in Flex’s fourth quarter ending March 31, 2024. FY24 EPS/revenue consensus $2.45/$30.97B, respectively.
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Read More on FLEX:
- Nextracker announces plan to separate fromFlex
- FLEX REPORTS SECOND QUARTER FISCAL 2024 RESULTS; ANNOUNCES PLAN TO SPIN-OFF REMAINING INTEREST IN NEXTRACKER TO FLEX SHAREHOLDERS
- Flex sees Q3 adjusted EPS 57c-65c, consensus 64c
- Flex reports Q2 adjusted EPS 68c, consensus 58c
- Flex options imply 6.1% move in share price post-earnings