Plexus Q1 Earnings Assessment

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Plexus PLXS reported its Q1 earnings results on Wednesday, January 22, 2025 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Plexus beat estimated earnings by 9.0%, reporting an EPS of $1.73 versus an estimate of $1.59.

Revenue was down $6.88 million from the same period last year.

Earnings History Overview

The company beat on EPS by $0.3 in the last quarter, resulting in a 7.000000000000001% increase share price change the following day.

Here's a look at Plexus's past performance:

Quarter Q4 2024 Q3 2024 Q2 2024 Q1 2024
EPS Estimate 1.55 1.30 0.87 1.08
EPS Actual 1.85 1.45 0.94 1.04
Revenue Estimate 1.01B 981.25M 950.83M 987.63M
Revenue Actual 1.05B 961.00M 967.00M 983.00M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Plexus management provided guidance for Q2 2025, expecting earnings between $1.46 and $1.61 per share.

To track all earnings releases for Plexus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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