• Flex Ltd FLEX.OQ FLEX.O is expected to show a fall in quarterly revenue when it reports results on January 29 for the period ending December 31 2024

• The Austin Texas-based company is expected to report a 12.7% decrease in revenue to $6.204 billion from $7.1 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on October 30 2024, for the period ended December 31, was for revenue between $6.00 billion and $6.40 billion.

• ​LSEG's mean analyst estimate for Flex Ltd is for earnings of 63 cents per share. The company's EPS guidance on October 30 2024, for the period ended December 31, was between $0.60 and $0.66

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts had fallen by about 0.2% in the last three months. ​

• Wall Street's median 12-month price target for Flex Ltd is $45.50​, above​ its last closing price of $44.27. ​​​

The company's guidance on October 30 2024 for the period ended December 31 was for Earnings before Interest and Taxes between USD335 million and USD365 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated January 27 at 13:36 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)