Plexus Announces Fiscal First Quarter 2018 Financial Results

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Plexus (PLXS) PT Raised to $60 at Deutsche Bank Following 1Q

January 19, 2018 8:37 AM EST

Deutsche Bank raised its price target on Plexus (NASDAQ: PLXS) to $60.00 (from $54.00) while maintaining a Hold rating following the company's 1Q earnings report. PLXS reported F1Q-18 results and F2Q-18 guidance that missed expectations due to lower-than-expected sales and margin pressures from new... More

Plexus Corp (PLXS) Misses Q1 EPS by 5c, Offers Q2 Guidance

January 17, 2018 4:18 PM EST

Plexus Corp (NASDAQ: PLXS) reported Q1 EPS of $0.75, $0.05 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $677 million versus the consensus estimate of $685.07 million.

GUIDANCE:

Plexus Corp sees Q2 2018 revenue of $670-710 million, versus the consensus of $693.6... More