Flex (FLEX) Beats Q2 Earnings and Revenue Estimates

Core Insights - Flex reported quarterly earnings of $0.79 per share, exceeding the Zacks Consensus Estimate of $0.75 per share, and up from $0.64 per share a year ago, representing an earnings surprise of +5.33% [1] - The company achieved revenues of $6.8 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.13% and increasing from $6.55 billion year-over-year [2] - Flex has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The earnings surprise for the previous quarter was +14.29%, with actual earnings of $0.72 per share compared to an expected $0.63 [1] - The current consensus EPS estimate for the upcoming quarter is $0.75, with projected revenues of $6.65 billion, and for the current fiscal year, the EPS estimate is $2.99 on revenues of $26.52 billion [7] Stock Performance - Flex shares have increased approximately 67.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 17.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The Electronics - Miscellaneous Products industry, to which Flex belongs, is currently in the top 20% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]