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Plexus (PLXS) reported third quarter adjusted earnings per share of $1.20 compared to $0.81, previous year. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.75, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | Jul 22, 2020 04:38PM EDT

16:37 Wednesday, July 22, 2020 (RTTNews.com) - Plexus (PLXS) reported third quarter adjusted earnings per share of $1.20 compared to $0.81, previous year. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.75, for the quarter. Analysts' estimates typically exclude special items.

Third quarter revenue increased year-on-year to $857.39 million from $799.64 million. Analysts expected revenue of $801.95 million for the quarter.

For the fourth quarter, the company projects: revenue in a range of $850 million to $890 million with GAAP EPS of $1.05 to $1.20, excluding unforeseen impacts relating to COVID-19.

Shares of Plexus were up nearly 10% after hours.

Read the original article on RTTNews ( https://www.rttnews.com/3113345/plexus-q3-profit-tops-estimates-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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