Sanmina Corp SANM.OQ SANM.O is expected to show a rise in quarterly revenue when it reports results on January 27 for the period ending December 31 2024
The San Jose California-based company is expected to report a 5.6% increase in revenue to $1.98 billion from $1.87 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on November 4 2024, for the period ended December 31, was for revenue between 1.93 billion and 2.03 billion.
LSEG's mean analyst estimate for Sanmina Corp is for earnings of $1.36 per share. The company's EPS guidance on November 4 2024, for the period ended December 31, was between 1.30 and 1.40
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 0.9% in the last three months.
Wall Street's median 12-month price target for Sanmina Corp is $84.00, above its last closing price of $83.65.
The company's guidance on November 4 2024 for the period ended December 31 was for Earnings before Interest and Taxes between 102.025 million and 115.425 million.The company's guidance on November 4 2024 for the period ended December 31 was for Capital Expenditures of 30 million.The company's guidance on November 4 2024 for the period ended December 31 was for gross profit margin between 8.4% and 8.8%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 1.36 | 1.36 | 1.43 | Beat | 5 |
Jun. 30 2024 | 1.28 | 1.28 | 1.25 | Missed | -2.3 |
Mar. 31 2024 | 1.19 | 1.20 | 1.30 | Beat | 8.3 |
Dec. 31 2023 | 1.22 | 1.22 | 1.30 | Beat | 6.3 |
Sep. 30 2023 | 1.54 | 1.54 | 1.42 | Missed | -7.5 |
Jun. 30 2023 | 1.52 | 1.54 | 1.55 | Beat | 1 |
Mar. 31 2023 | 1.55 | 1.55 | 1.59 | Beat | 2.6 |
Dec. 31 2022 | 1.45 | 1.45 | 1.64 | Beat | 13.3 |
This summary was machine generated January 24 at 21:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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