Sanmina Corp expected to post earnings of $1.11 a share - Earnings Preview

Sanmina

30/07/2022 03:03

* Sanmina Corp  SANM.OQ   SANM.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 1. 
    * The San Jose California-based  company is expected to
report  a
13.4% increase in revenue to $1.879 billion from $1.66 billion a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sanmina Corp is for
earnings of $1.11 per share. For the same quarter last year, the
company reported earnings of 99 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sanmina
Corp is
$53​, above​ its last closing price of $46.05. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.01        1.01       1.14      Beat    12.7
 Dec. 31 2022  0.95        0.95       1.08      Beat    13.7
 Sep. 30 2021  0.99        0.99       0.95      Missed  -4.2​
 Jun. 30 2021  0.91        0.91       0.99      Beat    8.7
 ​​Mar.        0.84        0.84       1.01      Beat    21
 31 2021                                                
 Dec. 31 2020  0.81        0.81       1.02      Beat    25.3​
 Sep. 30 2020  0.78        0.78       1.10      Beat    41.9
 Jun. 30 2020  0.35        0.35       0.86      Beat    144.8
 This summary was machine generated July 30 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated