Benzinga | Jul 30, 2020 04:37PM EDT

Flex Q1 EPS $0.23 Beats $0.17 Estimate, Sales $5.15B Beat $4.94B Estimate

Flex (NASDAQ:FLEX) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.17 by 35.29 percent. This is a 14.81 percent decrease over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $5.15 billion which beat the analyst consensus estimate of $4.94 billion by 4.31 percent. This is a 16.56 percent decrease over sales of $6.18 billion the same period last year.