Sanmina Corp reports results for the quarter ended in December - Earnings Summary

Sanmina

30/01/2023 22:02

* Sanmina Corp  SANM.OQ  reported quarterly adjusted
earnings of
$1.64​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
$1.45 per share.
    * Revenue rose 34.4% to $2.36 billion from a year ago;
analysts
expected $2.15 billion. 
    * Sanmina Corp's reported EPS for the quarter was $1.48​.
    * The mean earnings estimate of analysts had risen by
about 8.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Sanmina Corp shares had fallen by 1.8% this quarter.
    * The company reported quarterly net income of $88.4
million.
    * Wall Street's median 12-month price target for Sanmina
Corp is
$76.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
30 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.45           1.64           Beat
 Sep. 30 2022      1.33           1.50           Beat
 Jun. 30 2022      1.11           1.30           Beat
 Mar. 31 2022      1.01           1.14           Beat