Plexus' Q1 Earnings Top Estimates, Revenues Lag, Stock Tanks

Plexus Corp (PLXS) reported first-quarter fiscal 2025 adjusted earnings per share (EPS) of $1.73, up 40.7% year over year. The figure outpaced the Zacks Consensus Estimate of$ 1.59 per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues of $976.1 billion declined 0.7% year over year and missed the Zacks Consensus Estimate by 0.8%. Management expected revenues to be between$ 960 million and $1 billion.The top-line performance was affected by weakness in Healthcare/Life Sci ...