Find out by reading the original article on StockStory, it\u2019s free<\/a>.<\/p>\nThis quarter, analysts are expecting Sanmina\u2019s revenue to grow 5.5% year on year to $1.98 billion, a reversal from the 20.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.37 per share.<\/p>\n
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Sanmina has missed Wall Street\u2019s revenue estimates four times over the last two years. <\/p>\n
Looking at Sanmina\u2019s peers in the electrical systems segment, some have already reported their Q4 results, giving us a hint as to what we can expect. OSI Systems <\/span><\/span> (NASDAQ:) delivered year-on-year revenue growth of 12.5%, beating analysts\u2019 expectations by 3.2%, and LSI reported revenues up 35.5%, topping estimates by 14.3%. OSI Systems traded up 18.4% following the results while LSI was also up 11.7%.<\/p>\nRead the full analysis of OSI Systems\u2019s and LSI\u2019s results on StockStory.<\/p>\n
There has been positive sentiment among investors in the electrical systems segment, with share prices up 6.3% on average over the last month. Sanmina is up 11.1% during the same time and is heading into earnings with an average analyst price target of $71 (compared to the current share price of $84.05).<\/p>\n<\/div>\n<\/div>\n