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.

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.

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:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.91	0.83	0.81	0.77
EPS Actual	0.99	1.01	1.02	1.10
Revenue Estimate	1.73B	1.71B	1.77B	1.79B
Revenue Actual	1.66B	1.70B	1.75B	1.88B

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).

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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