Sanmina's Q3 adjusted EPS at $1.53, beats expectations

Sanmina

28/07/2025 21:12

Overview

Sanmina fiscal Q3 revenue reaches $2.04 bln, beating analyst expectations, per LSEG data

Adjusted EPS for fiscal Q3 beats consensus at $1.53, per LSEG data

Company benefits from operational efficiencies and favorable business mix

Outlook

Sanmina forecasts Q4 revenue between $2.0 bln and $2.1 bln

Company expects Q4 GAAP EPS between $1.21 and $1.31

Sanmina sees Q4 non-GAAP EPS between $1.52 and $1.62

Company anticipates continued momentum into fiscal 2026

Result Drivers

OPERATIONAL EFFICIENCIES - Sanmina attributes Q3 performance to operational efficiencies and favorable business mix, per CEO Jure Sola

CUSTOMER BASE GROWTH - Co reports growing customer base and pipeline of new opportunities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$2.04 bln
$1.98 bln (3 Analysts)
Q3 Adjusted EPS
Beat
$1.53
$1.42 (3 Analysts)
Q3 Net Income
$4.27 mln
Q3 Operating Income
$95.88 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for Sanmina Corp is $115.00, about 14.3% above its July 25 closing price of $98.58

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nPnc2PBBWa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)