Needham & Company Downgrades Plexus (PLXS) to Buy

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Go back to Needham & Company Downgrades Plexus (PLXS) to Buy

Plexus Corp's (PLXS) Guidance Comes in Below Consensus; RBC Capital Cuts Price Target to $35

October 29, 2015 1:40 PM EDT

RBC Capital maintained a Sector Perform rating on Plexus (NASDAQ: PLXS), and cut the price target to $35.00 (from $41.00), following the company's 4Q15 earnings results. PLXS reported Sept-qtr rev/EPS of $669M/$0.70, which was slightly above expectations. PLXS guided Dec-qtr to $600625M/$0.410.48, which was below... More

Plexus Corp (PLXS) Tops Q4 EPS by 2c; Issues Weak Q1 Outlook

October 28, 2015 4:10 PM EDT

Plexus Corp (NASDAQ: PLXS) reported Q4 EPS of $0.70, $0.02 better than the analyst estimate of $0.68. Revenue for the quarter came in at $669 million versus the consensus estimate of $663.97 million.

Plexus Corp sees Q1 2016 EPS of $0.41-$0.48, versus the consensus of $0.69. Plexus Corp sees Q1 2016... More