Plexus Corp. Q3 Earnings Call: A Comprehensive Analysis and Growth Prospects

☀️Introduction:

Plexus Corp., a leading electronics manufacturing services company, is all set to report its third-quarter earnings results on July 27, 2023. With a strong track record of financial performance and a positive outlook, investors and stakeholders eagerly await this announcement. In this article, we will delve into various perspectives, including fundamental and technical analysis, historical guidance, and analysts’ estimates to gain insights into Plexus Corp.‘s financial health and growth prospects.

Fundamental Analysis:

	ReportDate	NetIncome	TotalRevenue	DilutedEPS	unit
Q3	2023-06-30	15.8	1021.6	0.56	million USD
Q2	2023-03-31	40.8	1070.8	1.45	million USD
Q1	2022-12-31	42.2	1093.9	1.49	million USD
Q4	2022-09-30	50.5	1123.8	1.78	million USD
Q3	2022-06-30	37.5	981.3	1.33	million USD

Plexus Corp.‘s past year financials demonstrate consistent growth in key financial metrics. In the third quarter of 2023, the company reported a net income of $15.8 million, along with total revenue of $1021.6 million. The diluted earnings per share (EPS) stood at $0.56 million, reflecting stability and profitability in operations.

Moreover, analyzing the historical financial performance of Plexus Corp., we can observe a consistent upward trajectory in revenue, net income, and EPS over the past few quarters. This positive trend showcases the company’s ability to adapt to market demands and consistently deliver strong financial results.

Technical Analysis:

	since	low	high	change	change%
1D	2023-08-11	96.2	97.5	-0.1	-0.1
5D	2023-08-07	96.1	99.1	-2.5	-2.5
1M	2023-07-13	95.3	103.3	-4.7	-4.6
3M	2023-05-12	85.4	103.3	10.0	11.6

Looking at the three-month price performance of Plexus Corp.‘s stock, we notice some fluctuations. Despite a small decline in the stock price over the past day and a week, the overall trend has been positive. The stock witnessed an impressive increase of 11.6% in the last three months, signifying investor confidence and market optimism.

Historical Guidance:

Plexus Corp.‘s historical guidance acts as an essential reference point for evaluating its future prospects. The company’s ability to consistently meet or exceed its financial targets reinforces its credibility and demonstrates effective management strategies. With a history of robust financial performance and consistent growth, Plexus Corp. has established itself as a reliable player in the electronics manufacturing services industry.

Analysts’ Estimates:

While historical performance and guidance provide insights, it is essential to consider analysts’ estimates for a more comprehensive analysis. Analysts who closely follow Plexus Corp. provide valuable predictions and forecasts.

Though specific analysts’ estimates are not provided in the given data, investors and stakeholders can seek out expert opinions and market consensus on earnings expectations, revenue projections, and growth prospects for Plexus Corp. These estimates factor in various market dynamics, industry trends, and the company’s positioning within its competitive landscape.

Conclusion:

Plexus Corp.‘s upcoming Q3 earnings call holds significant importance for investors and stakeholders. Based on the fundamental analysis, the company has shown consistent growth in key financial metrics, reflecting its stability and profitability. Technical analysis suggests that the stock has witnessed an upward trend in the last three months, indicating investor confidence. Historical guidance reinforces Plexus Corp.‘s credibility as a reliable player in the industry. While specific analysts’ estimates are not provided in the given data, investors are encouraged to seek out expert opinions and market consensus to gain further insights into Plexus Corp.‘s growth prospects.

In conclusion, the upcoming earnings call is an excellent opportunity for investors and stakeholders to garner valuable insights into Plexus Corp.‘s financial health and future growth prospects. As we eagerly await the announcement on July 27, 2023, it is advisable for investors to tune into this earnings call to gain a comprehensive understanding of Plexus Corp.‘s performance and outlook in the electronics manufacturing services industry.