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

Sanmina

31/07/2023 23:02

* Sanmina Corp  SANM.OQ  reported quarterly adjusted
earnings of
$1.55​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
$1.54 per share.
    * Revenue rose 9.3% to $2.21 billion from a year ago;
analysts
expected $2.25 billion. 
    * Sanmina Corp's reported EPS for the quarter was $1.28​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Sanmina Corp shares had fallen by 0.6% this quarter and
gained 4.5% so far this year.
    * The company reported quarterly net income of $76.49
million.
    * Wall Street's median 12-month price target for Sanmina
Corp is
$77.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
31 at 10:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.54           1.55           Beat
 Mar. 31 2023      1.55           1.59           Beat
 Dec. 31 2022      1.45           1.64           Beat
 Sep. 30 2022      1.33           1.50           Beat