Sanmina: Q4 Earnings Insights

Sanmina SANM reported its Q4 earnings results on Monday, November 8, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Sanmina their estimated earnings by 4.04%, reporting an EPS of $0.95 versus an estimate of $0.99, which did not surprise analysts.

Revenue was up $231,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08, which was followed by a 0.18% increase in the share price the next day.

Here's a look at Sanmina's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Sanmina management provided guidance for their next quarter, expecting earnings between $0.93 and $1.03 per share for the nextquarter.

This represents a 3.16% in quarter-over-quarter growth for Sanmina, a bullish signal to many investors.

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