Plexus Gearing Up to Report Q2 Earnings: Here's What to Expect

Core Viewpoint - Plexus Corp (PLXS) is expected to report second-quarter fiscal 2025 earnings on April 23, with revenue estimates of $980.5 million, reflecting a 1.4% year-over-year increase, and an EPS estimate of $1.54, indicating a 63.8% increase from the previous year [1] Revenue and Earnings Estimates - The company anticipates revenues between $960 million and $1 billion for the second quarter, with non-GAAP EPS expected in the range of $1.46 to $1.61 [2] - The Zacks Consensus Estimate for PLXS's revenues is $980.5 million, with an EPS estimate of $1.54 [1][2] Recent Performance and Growth Drivers - Plexus has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average earnings surprise of 12.77% [2] - The company secured 30 new manufacturing programs in the fiscal first quarter, projected to generate $212 million in annualized revenues, with $130 million from the Healthcare/Life Sciences sector [2] Segment Performance Expectations - Aerospace/Defense revenues are expected to increase by 2.1% year-over-year to $173.8 million, driven by broad-based demand increases [4] - Healthcare/Life Sciences revenues are anticipated to rise by 7.4% year-over-year to $406.5 million, supported by new program ramps [4] - The Industrial sector is forecasted to see a revenue decline of 4.3% year-over-year to $400.4 million, attributed to demand instability across several subsectors [5] Earnings Prediction Model - The current model does not predict an earnings beat for Plexus, as the Earnings ESP stands at 0.00% and the company holds a Zacks Rank of 3 [6][7]