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Sanmina Q1 Earnings Assessment

Sanmina SANM just disclosed its Q1 earnings on Monday, January 27, 2025 at 04:01 PM.

Here’s a brief overview of the earnings report.

Earnings

Sanmina beat estimated earnings by 5.0%, reporting an EPS of $1.44 versus an estimate of $1.37.

Revenue was up $131.00 million from the same period last year.

Analysis of Past Earnings

Last quarter the company beat on EPS by $0.07 which was followed by a 2.0% increase in the share price the next day.

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

Quarter Q4 2024 Q3 2024 Q2 2024 Q1 2024
EPS Estimate 1.36 1.28 1.2 1.22
EPS Actual 1.43 1.25 1.3 1.30
Revenue Estimate 1.96B 1.86B 1.86B 1.87B
Revenue Actual 2.02B 1.84B 1.83B 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).

Guidance

Sanmina management provided guidance for Q2 2025, expecting earnings between $1.3 and $1.4 per share.

To track all earnings releases for Sanmina visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Overview Rating:

Speculative

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