Sanmina Corp expected to post earnings of 95 cents a share - Earnings Preview

Sanmina

28/01/2022 22:57

* Sanmina Corp  SANM.OQ   SANM.O  is expected to show a fall
in
quarterly revenue when it reports  results on January 31. 
    * The San Jose California-based  company is expected to
report  a
5.7% decrease in revenue to $1.654 billion from $1.76 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 95 cents per share. For the same quarter last year,
the company reported earnings of $1.02 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​, about 32.4% above​ its last closing price of $35.82. ​​​
    * 

This summary was machine generated January 28 at 22:57 GMT.  All
figures in US dollars  unless otherwise stated