Earnings Alerts

Sanmina Corp (SANM) Earnings: 4Q Revenue Forecast Falls Short, Third Quarter Exceeds Expectations

  • Sanmina’s fourth quarter revenue forecast is projected to be between $2.0 billion to $2.1 billion, which is below the previously estimated $2.13 billion.
  • The company expects adjusted earnings per share (EPS) for the fourth quarter to range from $1.52 to $1.62, aligning closely with the estimate of $1.60.
  • For the third quarter, Sanmina reported net sales of $2.04 billion, representing an 11% increase year-over-year, beating the estimate of $1.98 billion.
  • The third quarter adjusted EPS was reported at $1.53, surpassing last year’s $1.25 and the estimated $1.43.
  • Sola expressed confidence in achieving solid results for the fourth quarter and fiscal year, with expectations of momentum carrying into fiscal 2026.
  • The company’s stock has two buy ratings and two hold ratings, with no sell ratings noted.

Sanmina Corp on Smartkarma

Analysts at Baptista Research have provided upbeat coverage on Sanmina Corp‘s recent financial performance on Smartkarma. In one report titled “Sanmina Corporation: Does Its Diversification Across End Markets Safeguard Against Sector-Specific Risks?” published on Smartkarma, the analysts highlighted the company’s second-quarter fiscal year 2025 results. Sanmina Corp recorded a solid revenue of $1.98 billion, marking an 8.1% year-over-year increase, driven by growth in communication networks and cloud infrastructure. The non-GAAP EPS of $1.41 also exceeded expectations, supported by a favorable mix and operational efficiencies.

In another report by Baptista Research on Smartkarma titled “Sanmina Corporation Outperforms With 19% Growth—Cloud Infrastructure Boom Fuels Record Revenues!”, the analysts discussed Sanmina Corp‘s first-quarter fiscal year 2025 financial performance. Despite facing challenges, the company achieved a revenue of $2.01 billion, showing a 7% year-over-year increase. Moreover, the non-GAAP earnings per share (EPS) of $1.44 exceeded the company’s projected outlook, indicating strong performance amidst the market conditions.


A look at Sanmina Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Sanmina Corp, a leading provider of electronics contract manufacturing services globally, receives a mixed outlook based on its Smartkarma Smart Scores. With a moderate score in Value, Growth, and Resilience, the company shows stability and potential for future expansion. Notably, the high Momentum score signifies strong market performance and investor interest, indicating a positive trajectory moving forward.

Specializing in circuit fabrication, system assembly, and complex interconnect products, Sanmina Corp leverages its expertise in new product introduction to serve a diverse range of customers. While the low Dividend score may not appeal to income investors, the company’s overall outlook remains promising due to its solid fundamentals and strong market momentum.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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