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Plexus Holding
LSE POS.L 10,18 GBX -51,55%
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Plexus (PLXS) Q3 Earnings, Revenues Beat Estimates, Stock Up

Publié le 20 juillet 2017

Shares of Plexus Corp PLXS were up 6.1% after reporting better-than-expected third-quarter fiscal 2017 results. Quarterly adjusted earnings of 74 cents per share and revenues of $618.8 million beat the Zacks Consensus Estimate of 72 cents and $610 million, respectively.

However, on a year-over-year basis, earnings fell 2.6% while revenues declined 7.3%.

Revenues from the Communications sector (16% of total revenue) plummeted 36.5% year over year to $99 million.

Healthcare/Life Sciences revenues (34%) were up 1.4% from the year-ago quarter to $210 million.

Industrial/Commercial revenues (32%) were almost unchanged year over year at $201 million.

Defense/Security/Aerospace segment revenues (18%) grew 5.8% on a year-over-year basis to $109 million.

Plexus Corp. Price, Consensus and EPS Surprise

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Currently, Plexus carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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