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FLEX

Flex Ltd

$19.3

Earnings Summary

Revenue
$7347Mn
Net Profits
$189Mn
Net Profit Margins
2.57%
PE Ratio
9.67

Highlights

Revenue:

Flex Ltd’s revenue jumped 15.85% since last year same period to $7347Mn in the Q2 2022. On a quarterly growth basis, Flex Ltd has generated 7.24% jump in its revenue since last 3-months.

Net Profits:

Flex Ltd’s net profit fell -8.25% since last year same period to $189Mn in the Q2 2022. On a quarterly growth basis, Flex Ltd has generated 12.5% jump in its net profits since last 3-months.

Net Profit Margins:

Flex Ltd’s net profit margin fell -20.8% since last year same period to 2.57% in the Q2 2022. On a quarterly growth basis, Flex Ltd has generated 4.91% jump in its net profit margins since last 3-months.

PE Ratio:

Flex Ltd’s price-to-earnings ratio after this Q2 2022 earnings stands at 9.67.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Flex Ltd post its latest quarter earnings

EPS Estimate Current Quarter
0.51
EPS Estimate Current Year
0.51

Highlights

EPS Estimate Current Quarter:

Flex Ltd’s earning per share (EPS) estimates for the current quarter stand at 0.51 - a 6.25% jump from last quarter’s estimates.

EPS Estimate Current Year:

Flex Ltd’s earning per share (EPS) estimates for the current year stand at 0.51.

Key Ratios

Key ratios of the Flex Ltd post its Q2 2022 earnings

Earning Per Share (EPS)
0.54
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.24
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Flex Ltd’s earning per share (EPS) jumped 17.39% since last year same period to 0.54 in the Q2 2022. This indicates that the Flex Ltd has generated 17.39% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Flex Ltd’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Flex Ltd’s return on equity (ROE) stands at 0.24.

Dividend Per Share (DPS):

Flex Ltd declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-20
0.44
0.52
18.18%
2022-07-29
0.48
0.54
12.5%

Company Information

Flex is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.

Organisation
Flex Ltd
Headquarters
Althofen, Kaernten, Austria
Employees
167.2K
Industry
Electronic Technology