Sanmina Q4 Profit Down - Quick Facts

(RTTNews) - Sanmina Corp. (SANM) Monday reported fourth-quarter profit of $38.8 million or $0.44 per share, down from $164.2 million or $1.96 per share in the same period last year.

Adjusted earnings for the quarter was $39.9 million or $0.46 per share. On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $1.51 billion from $1.58 billion last year. Analysts expected revenues of $1.51 billion.

Looking ahead to the first quarter, the company has forecast earnings in the range of $0.35 to $0.41 per share, with revenues ranging between $1.425 billion and $1.475 billion. Analysts currently expect the company to earn $0.42 per share on first-quarter revenues of $1.53 billion.