Flextronics (FLEX) Tops Q3 EPS by 4c; Guides In-Line
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/23/2026
Go back to Flextronics (FLEX) Tops Q3 EPS by 4c; Guides In-Line
January 29, 2016 7:14 AM EST
Needham & Company analyst, Sean Hannan, thinks Flextronics (NASDAQ: FLEX) stands out as all operating segments topped expectations.
FLEX reported revenue of $6.8B and EPS of $0.35, with revenues at the high end of guidance for $6.2-6.8B and EPS beating the $0.28-0.34 range. Consensus was $6.5B/$0.30. ROIC & FCF were 22.4% & $158M in qtr. All... More
January 29, 2016 6:41 AM EST
(Updated - January 29, 2016 8:27 AM EST)
Raymond James upgraded Flextronics (NASDAQ: FLEX) from Market Perform to Strong Buy with a price target of $12.50, suggesting upside of 30%. The change follows strong Q3 results. Analyst Brian G. Alexander said Flextronics' margin story is "underappreciated."
"With shares down 15% year to date (lagging peers and market... More
January 29, 2016 6:40 AM EST
Stifel upgraded Flextronics (NASDAQ: FLEX) from Hold to Buy with a price target of $13.00.
For an analyst ratings summary and ratings history on Flextronics click here. For more ratings news on Flextronics click here.
Shares of Flextronics closed at $9.53 yesterday.
...
More
