Flex Reports Second Quarter Fiscal 2016 Results

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Go back to Flex Reports Second Quarter Fiscal 2016 Results

Flextronics (FLEX) Reports 2c EPS Beat; Deutsche Bank Raises Price Target to $12

October 20, 2015 9:42 AM EDT

Deutsche Bank reiterated a Hold rating on Flextronics (NASDAQ: FLEX), and raised the price target to $12.00 (from $11.00), following the company's 2Q16 earnings results. Flexs F2Q-16 sales and EPS of $6.3B/$0.27 beat the Street at $6.2B/$0.25.

Analyst Sherri Scribner commented,... More

UBS Raises Price Target on Flextronics (FLEX) Following 2Q EPS Beat

October 20, 2015 9:30 AM EDT

UBS reiterated a Buy rating on Flextronics (NASDAQ: FLEX), and raised the price target to $13.50 (from $13.00), following the company's 2Q16 earnings report. Flex reported revenue in line with consensus at $6.3bn and non-GAAP EPS of $0.27, ahead of consensus' $0.25.

Analyst Steven Milunovich commented,... More

Flextronics (FLEX) Tops Q2 EPS by 2c, Offers Q3 Guidance

October 19, 2015 4:05 PM EDT

Flextronics (NASDAQ: FLEX) reported Q2 EPS of $0.27, $0.02 better than the analyst estimate of $0.25. Revenue for the quarter came in at $6.32 billion versus the consensus estimate of $6.17 billion.

Flextronics sees Q3 2015 EPS of $0.28-$0.34, versus the consensus of $0.29. Flextronics sees Q3 2015 revenue of $6.2-6.8... More