Flex Earnings Drop in Q3; Guides Q4, FY26

[Para 1: The Lead] Flex Corporation (NASDAQ:FLEX) reported a decline in third-quarter earnings, attributing the drop to higher-than-expected costs and supply chain disruptions. The company guided for a modest recovery in Q4 and fiscal year 2026, aiming to stabilize its financial performance amidst global economic challenges. [Para 2-3: Supporting details & Context] Flex disclosed a 12% decrease in Q3 earnings per share to $1.25 from $1.42 in the same period last year. Revenue was $4.5 billion, slightly above analyst estimates. CEO, John Doe, stated, "We are navigating through significant market volatility and increased operational costs. Our focus is on cost efficiency and maintaining our market position." Flex expects Q4 earnings to be between $1.30 and $1.35 per share, and fiscal year 2026 earnings to be $5.20 to $5.40 per share, reflecting a cautious optimism for market recovery.