Plexus Full Year 2022 Earnings: Beats Expectations
Plexus (NASDAQ:PLXS) Full Year 2022 Results
Key Financial Results
Revenue: US$3.81b (up 13% from FY 2021).
Net income: US$138.2m (flat on FY 2021).
Profit margin: 3.6% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses.
EPS: US$4.96.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Plexus Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the US.
Performance of the American Electronic industry.
The company's shares are up 2.9% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Plexus that you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
