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Plexus Holding
LSE POS.L 10,18 GBX -51,55%
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Plexus beats Street 3Q forecasts

Publié le 20 juillet 2017

NEENAH, Wis. (AP) _ Plexus Corp. (PLXS) on Wednesday reported fiscal third-quarter earnings of $25.6 million.

On a per-share basis, the Neenah, Wisconsin-based company said it had net income of 74 cents.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.

The electronic manufacturing services company posted revenue of $618.8 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $610 million.

For the current quarter ending in September, Plexus said it expects revenue in the range of $660 million to $700 million.

Plexus shares have fallen slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $53.86, a rise of 18 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLXS at https://www.zacks.com/ap/PLXS

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Keywords: Plexus, Earnings Report

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