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Why Is Flex (FLEX) Up 10.5% Since Last Earnings Report?

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It has been about a month since the last earnings report for Flex (FLEX - Free Report) . Shares have added about 10.5% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Flex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, estimates revision have trended downward during the past month.

The consensus estimate has shifted -5.68% due to these changes.

VGM Scores

At this time, Flex has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Flex has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Performance of an Industry Player

Flex belongs to the Zacks Electronics - Miscellaneous Products industry. Another stock from the same industry, Teradyne (TER - Free Report) , has gained 6.4% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.

Teradyne reported revenues of $685.68 million in the last reported quarter, representing a year-over-year change of +14.3%. EPS of $0.75 for the same period compares with $0.51 a year ago.

For the current quarter, Teradyne is expected to post earnings of $0.54 per share, indicating a change of -37.2% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.3% over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Teradyne. Also, the stock has a VGM Score of D.


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