Sanmina to release earnings, analysts expect revenue growth and positive sentiment in electrical systems segment.

From Barchart: 2025-01-26 08:01:09

Sanmina (NASDAQ:SANM) will release earnings results tomorrow after the bell. Last quarter, the company beat revenue expectations by 2.9%, reporting $2.02 billion in revenue, down 1.7% YoY. Analysts expect this quarter’s revenue to grow 5.5% YoY to $1.98 billion, with adjusted earnings at $1.37 per share. Peers in the electrical systems segment have reported positive results, with OSI Systems up 18.4% and LSI up 11.7%. Investor sentiment in the segment is up 6.3% on average over the last month. Sanmina is up 11.1% and has an average analyst price target of $71.



Read more at Barchart: Sanmina (SANM) Reports Earnings Tomorrow: What To Expect