Sanmina's Q2 Earnings Watch | Business and Finance News

Sanmina’s Q2 earnings drop this Monday, riding high on last quarter’s record $4.1B revenue—more than double YoY—and beating EPS and operating income. Street expects a massive 66% YoY revenue surge, up from 11% last year, with analysts confident Sanmina typically hits targets. Competitors Allegion and Acuity Brands also outperformed, lifting their stocks. But the sector’s been volatile—down 3.3% in a month—with Sanmina falling 12% and trading at $206 vs. a $240 average analyst price target. Will Sanmina sustain its momentum amid shifting market focus? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6a618fcd6386c714