Flex Q1 Earnings & Revenues Beat Estimates, Up Y/Y, Stock Down

Key Takeaways FLEX posted Q1 EPS of $0.72 and revenues of $6.6B, beating estimates and up year over year.Strong demand in cloud and power drove growth in Agility Solutions and offset auto sector weakness.FLEX raised its fiscal 2026 guidance for both revenues and EPS amid momentum in key growth markets.Flex Ltd. (FLEX) reported first-quarter fiscal 2026 adjusted earnings per share (EPS) of 72 cents, which surpassed the Zacks Consensus Estimate by 14.3%. The bottom line compared favorably with 51 cents posted ...