On July 21, Sanmina rose 5.46% in regular trading, trading at $212.65/share, with turnover of $16.77 million.
On the news front, Sanmina is scheduled to report its fiscal third-quarter earnings after market close on July 27. Market consensus expects quarterly revenue of approximately $33.96 billion, representing a 71.30% year-over-year increase, with adjusted EPS of approximately $2.77, up 95.81% year-over-year. The prior quarter delivered a significant beat, with revenue of $40.1 billion far exceeding the $32.85 billion estimate, and adjusted EPS of $3.16 surpassing expectations by 31.67%, sustaining market confidence in the company's growth trajectory.
Within the Electronic Manufacturing Services sector, the overall industry showed broad-based strength, with TTM Technologies up 7.42%, Fabrinet up 6.03%, Flex Ltd up 4.05%, and Celestica up 3.41%, providing a favorable backdrop for Sanmina's advance ahead of its earnings release.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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