Flex Fiscal Q2 Adjusted Earnings, Sales Rise; Fiscal Q3 Outlook Set; Fiscal 2026 Guidance Increased
MT newswire2026/10/28 12:17Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:17 AM EDT, 10/28/2026 (MT Newswires) -- Flex (FLEX) reported fiscal Q2 adjusted earnings Wednesday of $1.18 per diluted share, up from $0.79 a year earlier. Analysts polled by FactSet expected $1.06. Net sales for the fiscal quarter ended Sept. 25 were $8.49 billion, up from $6.80 billion a year earlier. Analysts expected $8.17 billion. The company expects fiscal Q3 adjusted EPS of $1.19 to $1.25 on net sales of $8.87 billion to $9.17 billion. Analysts expect adjusted EPS of $1.22 on net sales of $8.95 billion, respectively. For fiscal 2026, the company increased its adjusted EPS guidance to now be between $4.84 and $5.16, from the previous outlook of $4.42 to $4.74. Analysts expect $4.69. Meanwhile, net sales for the fiscal year are now projected to be between $34.9 billion and $35.9 billion, up from the previous outlook of between $33.7 billion and $35.2 billion. Analysts are looking for $34.71 billion. Shares of the company rose more than 9% in recent premarket activity Wednesday. Price: 91.25, Change: +7.90, Percent Change: +9.48
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