Why Is Sanmina (SANM) Up 9.6% Since Last Earnings Report?

Company Overview - Sanmina's shares have increased by approximately 9.6% since the last earnings report, outperforming the S&P 500 [1] - The most recent earnings report is essential for understanding the key drivers behind this performance [1] Earnings Estimates - Fresh estimates for Sanmina have trended downward over the past month, with the consensus estimate decreasing by 15.33% [2] - This downward revision indicates a negative outlook for the stock [4] VGM Scores - Sanmina currently holds a Growth Score of B, a Momentum Score of C, and a Value Score of B, resulting in an aggregate VGM Score of A [3] Industry Comparison - Sanmina is part of the Zacks Electronics - Manufacturing Services industry, where competitor Celestica has seen a significant gain of 36.6% over the past month [5] - Celestica reported revenues of $2.65 billion for the last quarter, reflecting a year-over-year increase of 19.9% [5] - Celestica's expected earnings for the current quarter are $1.23 per share, indicating a year-over-year growth of 35.2% [6]