Sanmina (SANM) reported earnings on Tue 24 Apr 18 (b/o)

** charts before earnings **

 

** charts after earnings **

 

Sanmina beats by $0.05, beats on revs; guides Q3 EPS in-line, revs above consensus 

• Reports Q2 (Mar) earnings of $0.50 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus of $0.45; revenues fell 0.4% year/year to $1.68 bln vs the $1.64 bln Capital IQ Consensus.
• Co issues guidancefor Q3 (Jun), sees EPS of $0.53-0.61, excluding non-recurring items, vs. $0.55 Capital IQ Consensus Estimate; sees Q3 revs of $1.70-1.75 bln vs. $1.70 bln Capital IQ Consensus Estimate.