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

Sanmina

11/05/2023 22:02

* Sanmina Corp  SANM.OQ  reported quarterly adjusted
earnings of
$1.59​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of $1.55 per share.
    * Revenue rose 21.4% to $2.32 billion from a year ago;
analysts
expected $2.25 billion. 
    * Sanmina Corp's reported EPS for the quarter was $1.33​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Sanmina Corp shares had fallen by 12.5% this quarter and
lost 6.9% so far this year.
    * The company reported quarterly net income of $79.62
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 May
11 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.55           1.59           Beat
 Dec. 31 2022      1.45           1.64           Beat
 Sep. 30 2022      1.33           1.50           Beat
 Jun. 30 2022      1.11           1.30           Beat