Factors to Note Ahead of Plexus (PLXS) Q3 Earnings Release

The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $979.9 million, which suggests a decline of 4.1% from the year-ago quarter's reported figure. The consensus mark for earnings per share (EPS) is pegged at $1.28, indicating a year-over-year decrease of 3%. For fiscal third-quarter 2024, the company projects revenues between $960 million and $1 billion. Non-GAAP EPS is expected to be in the range of $1.22-$1.37. Plexus' performance in the fiscal third quarter is likely to have benefi ...