Sanmina Corporation (SANM) Q3 2020 Earnings Results

Sanmina Corp Beats on EPS, Stock Up 2.46%

Sanmina Corp's strong EPS performance, significantly exceeding expectations, led to a positive stock reaction, with shares rising 2.46%. The company did not provide revenue figures or future guidance, leaving investors to focus on the impressive earnings surprise. Management's cautious optimism suggests a careful approach to navigating market conditions ahead.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.86	N/A	+258.33%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed satisfaction with the EPS results, highlighting effective cost management. They acknowledged ongoing market challenges but remained focused on strategic initiatives.

We are pleased with our performance this quarter, especially in EPS.

Our focus remains on navigating the current market challenges.

Sanmina Corp Beats on EPS, Stock Up 2.46%

Key numbers

Management commentary

Sanmina Corporation

More earnings this week

Sanmina Corp Beats on EPS, Stock Up 2.46%

Key numbers

Management commentary