Sanmina (SANM) Q2 Earnings and Revenues Surpass Estimates

Core Viewpoint - Sanmina (SANM) reported quarterly earnings of $1.41 per share, exceeding the Zacks Consensus Estimate of $1.38 per share, and showing an increase from $1.30 per share a year ago, indicating a positive earnings surprise of 2.17% [1][2] Financial Performance - The company achieved revenues of $1.98 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.75% and up from $1.83 billion year-over-year [2] - Over the last four quarters, Sanmina has exceeded consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - Sanmina shares have increased approximately 8.7% since the beginning of the year, contrasting with the S&P 500's decline of -6.1% [3] - The current consensus EPS estimate for the upcoming quarter is $1.60 on revenues of $2.09 billion, and for the current fiscal year, it is $6.01 on revenues of $8.19 billion [7] Industry Outlook - The Electronics - Manufacturing Services industry, to which Sanmina belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook [8]