Flextronics International Ltd Issues Q4 2013 Guidance Below Analysts' Estimates


Thursday, 24 Jan 2013 04:01pm EST 

Flextronics International Ltd announced that for fourth quarter of 2013, it expects revenue to be in the range of $5.0 billion to $5.3 billion and adjusted earnings per share (EPS) from continuing operations to be in the range of $0.11-$0.15 per share. GAAP earnings per share from continuing operations are expected to be lower than the guidance provided herein by approximately $0.02 per diluted share for quarterly intangible amortization and stock based compensation expense and by approximately $0.15 to $0.18 per diluted share for the remaining restructuring charges. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $5.6 billion and EPS of $0.20 for fourth quarter of 2013. 

Company Quote

11.04
0.07 +0.64%
29 Aug 2014