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

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

Leading up to this earnings season, the company is hoping to get back into the black after suffering losses last quarter. After booking profits in the third quarter of the last fiscal year, the fourth of the last fiscal year and the third quarter of the last fiscal year, the company took a loss of $1.4 million in the second. The company will look to use the upcoming earnings announcement as a salve for two-straight quarters of revenue declines. Revenue decreased by 9.6% during the past first quarter and dropped further over the second quarter. 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)