Sanmina-SCI 3Q Earnings Pregame Scorecard

Markets FOXBusiness

Last quarter Sanmina-SCI (SANM) beat estimates by 3 cents per share and it is up again on Monday, July 23, 2012.

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Expectations

Analysts currently expect Sanmina-SCI to come in with earnings of 24 cents per share on revenues of $1.49 billion. Analysts gave estimates ranging from 22 cents per share to 26 cents per share. Over the past three months, the average estimate has moved down from 33 cents.

Stock Movement

The stock price has been falling recently The share price has fallen 87 cents since July 3, 2012. Looking at change over the last three months, April 19, 2012 and July 16, 2012, the stock price fell $3.35 (-31.4%), from $10.66 to $7.31.

Company Fundamental Trends

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Stock Ratings

Analysts are bullish on the stock as six analysts rate it as a buy and only two analysts rate it as a sell. Sanmina-SCI's average analyst rating hasn't changed over the past three months.

Last Quarter's Results

Revenue fell 6.8% to $1.46 billion from $1.57 billion.

Summary

Reporting Period: 3Q

Date of Release: Monday, July 23, 2012

EPS: 24 cents

Revenue Estimate: $1.49 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)