earnings
confidence high
sentiment positive
materiality 0.85
Plexus Q3 revenue $1.305B record, EPS $1.58 GAAP, guides Q4 above consensus
PLEXUS CORP
- Q3 revenue $1.305B (record), above guidance of $1.200-1.250B; GAAP diluted EPS $1.58 vs guidance $1.25-1.41.
- Non-GAAP adjusted EPS $2.32, non-GAAP operating margin 6.3%, both above guidance ranges.
- Q4 revenue guidance $1.330-1.380B; GAAP diluted EPS $2.18-2.34, non-GAAP EPS $2.47-2.63.
- GAAP operating margin 4.7% (Q3) vs guided 4.1-4.5%; non-GAAP operating margin guided 6.1-6.5% for Q4.
- ROIC 14.9%, economic return 5.9% for the quarter.