Plexus Q1 Profit Rises - Quick Facts

(RTTNews) - Plexus Corp. (PLXS) Wednesday reported first-quarter profit of $17.66 million or $0.51 per share, up from $16.62 million or $0.47 per share in the same period last year.

Adjusted earnings for the quarter was $21.27 million or $0.61 per share. On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.61 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved to $533.91 million from $530.53 million last year. Analysts expected revenues of $536.04 million.

Looking ahead, the company has forecast second-quarter earnings in th erange of $0.57 to $0.63 per share, with revenues ranging between $535 million and $565 million. Analysts currently expect the company to earn $0.61 per share on revenues of $549.43 million.