PLXNF (PLXNF)

Plexus (PLXS) has drawn investor attention after reporting fiscal third quarter results that exceeded revenue and adjusted earnings expectations, alongside 31 new manufacturing program wins and fresh guidance pointing to continued revenue and margin growth. See our latest analysis for Plexus.

PLXS beats fiscal Q3 estimates as revenues jump 28%, fueled by Industrial strength, program ramps and broad demand, while its outlook signals more growth.

The electronics manufacturing services provider reported revenue of $1.305 billion and non-GAAP earnings per share of $2.32, both exceeding Wall Street expectations. The company’s stock currently trades at $236.17, down 1.8% from the previous close of $240.49, but remains near the upper end ...

The stock rose 3.95% in premarket trading to $250, suggesting investors welcomed the earnings beat and the stronger outlook.

Plexus saw 5 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Plexus’s stock price’s past reactions to earnings here.