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Flex Sees Q1 Adj. EPS $0.34-$0.40 vs $0.32 Est., Sales $5.9B-$6.3B vs $5.8B Est.; Sees FY22 Adj. EPS $1.60-$1.75 vs $1.55 Est., Sales $25B-$26B vs $24.69B Est.


Benzinga | May 5, 2021 09:05AM EDT

Flex Sees Q1 Adj. EPS $0.34-$0.40 vs $0.32 Est., Sales $5.9B-$6.3B vs $5.8B Est.; Sees FY22 Adj. EPS $1.60-$1.75 vs $1.55 Est., Sales $25B-$26B vs $24.69B Est.

First Quarter Fiscal Year 2022 Guidance

* Revenue: $5.9 billion to $6.3 billion

* GAAP Income Before Income Taxes: $160 million to $200 million

* Adjusted Operating Income: $240 million to $280 million

* GAAP EPS: $0.26 to $0.32 which includes $0.05 for stock-based compensation expense and $0.03 for net intangible amortization

* Adjusted EPS: $0.34 to $0.40

Fiscal Year 2022 Guidance

* Revenue: $25 billion to $26 billion

* GAAP EPS: $1.30 to $1.45 which includes $0.21 for stock-based compensation expense and $0.09 for net intangible amortization

* Adjusted EPS: $1.60 to $1.75







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