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Plexus Holding
LSE POS.L 10,18 GBX -51,55%
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Plexus tops 2Q profit forecasts

Publié le 19 avril 2017

NEENAH, Wis. (AP) _ Plexus Corp. (PLXS) on Wednesday reported fiscal second-quarter profit of $29.3 million.

On a per-share basis, the Neenah, Wisconsin-based company said it had profit of 84 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

The electronic manufacturing services company posted revenue of $604.3 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $634.3 million.

For the current quarter ending in July, Plexus said it expects revenue in the range of $595 million to $625 million.

Plexus shares have climbed nearly 8 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $58.22, a rise of 50 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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