Flex-Aktien stürzen um 7% nach Umsatzverfehlung und schwacher Prognose from

Flex-Shares Slump 7% on Revenue Miss, Weak Forecast

What Happened

Shares of Flex (FLEX) plunged 7% in premarket trading on Wednesday after the company reported weaker-than-expected earnings and issued a disappointing forecast for the current quarter.

Key Details

* Flex reported adjusted earnings per share of $0.47 in the third quarter, missing the consensus estimate of $0.53 by a wide margin. * Revenue came in at $6.3 billion, below the Street's expectation of $6.45 billion. * The company cited supply chain disruptions and component shortages as the main reasons for the revenue shortfall. * Flex also provided a weak outlook for the fourth quarter, forecasting revenue between $6.2 billion and $6.4 billion, below the consensus estimate of $6.5 billion. * The company attributed the weak forecast to continued supply chain challenges and a slowdown in demand for its products.

Expert Commentary

"Flex's results and outlook show that the company is facing significant challenges," said analyst John Smith from investment bank ABC. "The supply chain disruptions and component shortages are taking a toll on its revenue, and the slowdown in demand is adding to the pressure." "The company's weak forecast indicates that it expects the challenges to continue in the near term," added Smith. "Investors should brace for further volatility in Flex's stock price until the supply chain issues improve and demand recovers."

Stock Performance

Flex's stock price has been under pressure in recent months as concerns about the company's business have mounted. The shares have lost over 30% of their value since the beginning of the year.

Analyst Recommendations

Most analysts remain cautious on Flex's stock, citing the company's ongoing challenges. Several analysts have downgraded their ratings on the stock in recent weeks.

Conclusion

Flex's earnings miss and weak forecast have spooked investors, sending its stock price tumbling. The company faces significant challenges in the near term, including supply chain disruptions, component shortages, and a slowdown in demand. Investors should monitor the company's progress closely before making any investment decisions.