Sanmina-SCI Corporation Earnings Retreat 11% In Q4

(RTTNews) - Sanmina-SCI Corporation (SANM) announced a profit for fourth quarter that decreased compared to the same period last year.

The company said its earnings came in at $47.70 million, or $0.57 per share. This was lower than $53.41 million, or $0.61 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.0% to $1.64 billion. This was down from $1.69 billion last year.

Sanmina-SCI Corporation earnings at a glance:

-Earnings (Q4): $47.70 Mln. vs. $53.41 Mln. last year. -Earnings Decline (Y-o-Y): -10.7% -EPS (Q4): $0.57 vs. $0.61 last year. -EPS Decline (Y-o-Y): -6.6% -Analysts Estimate: $0.55 -Revenue (Q4): $1.64 Bln vs. $1.69 Bln last year. -Revenue Change (Y-o-Y): -3.0%

-Guidance: Next quarter EPS guidance: $0.56 - $0.60 Next quarter revenue guidance: $1.55 - $1.60 Bln