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Flex Sees Q2 Adj. EPS $0.37-$0.43 vs $0.40 Est., Sales $6.1B-$6.5B vs $6.33B Est.; Sees FY22 Adj. EPS $1.70-$1.85 vs $1.70 Est., Sales $25.5B-$26.5B vs $25.66B Est.


Benzinga | Jul 29, 2021 09:08AM EDT

Flex Sees Q2 Adj. EPS $0.37-$0.43 vs $0.40 Est., Sales $6.1B-$6.5B vs $6.33B Est.; Sees FY22 Adj. EPS $1.70-$1.85 vs $1.70 Est., Sales $25.5B-$26.5B vs $25.66B Est.

Second Quarter Fiscal 2022 Guidance

* Revenue: $6.1 billion to $6.5 billion

* GAAP Income Before Income Taxes: $175 million to $210 million

* Adjusted Operating Income: $250 million to $290 million

* GAAP EPS: $0.29 to $0.35 which includes $0.05 for stock-based compensation expense and $0.03 for net intangible amortization

* Adjusted EPS: $0.37 to $0.43

Fiscal Year 2022 Guidance updated

* Revenue: $25.5 billion to $26.5 billion

* GAAP EPS: $1.42 to $1.57 which includes $0.19 for stock-based compensation expense and $0.09 for net intangible amortization

* Adjusted EPS: $1.70 to $1.85







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