Earnings Preview For Sanmina
Portfolio Pulse from Benzinga Insights
Sanmina (NASDAQ:SANM) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $1.53. Last quarter, the company beat EPS by $0.02, which was followed by a 6.17% drop in the share price. Over the last 52-week period, shares are down 10.12%.
November 03, 2023 | 4:01 pm
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Sanmina is expected to report an EPS of $1.53 for Q3 2023. The company's stock price has historically been affected by its earnings performance, with a 6.17% drop following last quarter's EPS beat.
Sanmina's stock price has shown to be sensitive to its earnings performance. Last quarter, despite beating EPS estimates, the stock price dropped by 6.17%. Given this, the upcoming earnings report could have a significant impact on the stock price, depending on whether the company meets, exceeds, or falls short of the estimated EPS of $1.53.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100