Earnings Preview For Sanmina

It's time to get ready for Sanmina earnings!

Sanmina SANM releases its next round of earnings Monday. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for Monday's Q2 earnings announcement after the bell.

Earnings and Revenue

Wall Street analysts see Sanmina reporting earnings of 45 cents per share on sales of $1.64 billion.

In the same quarter last year, Sanmina posted EPS of 76 cents on sales of $1.68 billion. The analyst consensus estimate would represent a 40.79 percent decrease in the company's earnings. Revenue would be down 2.50 percent from the same quarter last year. Sanmina's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.73 0.76 0.75 0.7
EPS Actual 0.48 0.64 0.74 0.76

Stock Performance

Over the last 52-week period, shares are down 30.91 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analysts' have adjusted their estimates lower for EPS and revenues over the past 90 days. The popular rating by analysts on Sanmina stock is a Neutral. The strength of this rating has risen over the past 90 days.

Conference Call

Sanmina's Q2 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: http://ir.sanmina.com/investor-relations/events-and-presentations/default.aspx?section=events

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Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews
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