Bill Peters is a Los Angeles-based MarketWatch reporter who covers earnings.
Shares of Sanmina Corp.
slid 14% after hours on Monday after the manufacturing services provider’s fourth-quarter results and first-quarter forecast missed expectations, and the company it expected consumer caution in the months ahead. Sanmina — which helps equipment manufacturers with product design, testing and logistics, and makes its own components — forecast first-quarter revenue of $1.85 billion to $1.95 billion and adjusted earnings per share of $1.20 to $1.30, below FactSet estimates for sales of $2.
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