Plexus (PLXS) Scheduled to Post Earnings on Wednesday
Plexus (NASDAQ:PLXS) will release its earnings data after the market closes on Wednesday, April 17th. Analysts expect Plexus to post earnings of $0.85 per share for the quarter. Plexus has set its Q2 2019 guidance at $0.80-0.90 EPS and its Q2 guidance at $0.80-0.90 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.
Plexus (NASDAQ:PLXS) last posted its quarterly earnings results on Wednesday, January 16th. The technology company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.01. The firm had revenue of $765.54 million for the quarter, compared to analysts’ expectations of $768.32 million. Plexus had a net margin of 4.52% and a return on equity of 12.44%. The firm’s quarterly revenue was up 13.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 earnings per share. On average, analysts expect Plexus to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
PLXS opened at $64.98 on Tuesday. The firm has a market capitalization of $2.03 billion, a P/E ratio of 20.12 and a beta of 0.77. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.94 and a current ratio of 1.97. Plexus has a 12-month low of $47.63 and a 12-month high of $65.95.
In other Plexus news, Chairman Dean A. Foate sold 60,000 shares of the stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $63.00, for a total transaction of $3,780,000.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Stephen P. Cortinovis sold 5,000 shares of the stock in a transaction on Tuesday, January 22nd. The stock was sold at an average price of $54.03, for a total transaction of $270,150.00. Following the sale, the director now directly owns 32,128 shares in the company, valued at $1,735,875.84. The disclosure for this sale can be found here. Insiders have sold 78,454 shares of company stock worth $4,875,094 over the last three months. 3.90% of the stock is owned by corporate insiders.
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Plexus Company Profile
Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers design and development, supply chain, new product introduction, and manufacturing solutions, as well as aftermarket services. The company provides its solutions to companies in the healthcare and life sciences, industrial and commercial, communications, and aerospace and defense sectors.
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