Sanmina Corp. (SANM)
Shares of SANM soared more than 10% in after-hours trading Monday as the company delivered better-than-expected quarterly financial results driven by consistent execution coupled with ongoing diversification.
For its third quarter fiscal 2015, SANM posted revenue of $1.54 billion and non-GAAP net income of $45.1 million, or $0.53 per diluted share, surpassing the Capital IQ Consensus Estimate of $0.49 earnings per share on revenues of $1.52 billion for the period
According to its business outlook for the fourth quarter fiscal 2015, SANM expects revenue to be in a range of $1.55 billion to $1.65 billion and non-GAAP diluted earnings per share to be in a range of $0.52 to $0.58
SANM is a leading integrated manufacturing solutions provider serving the fastest-growing segments of the global Electronics Manufacturing Services (EMS) market.
More about Sanmina Corp. (SANM) at www.sanmina.com
BancorpSouth, Inc. (BXS)
After the closing bell on Monday, BXS reported its most profitable quarter since 2008
For the second quarter 2015, BXS posted net income of $39.7 million, or $0.41 per diluted share, compared to net income of $30.9 million, or $0.32 per diluted share in the same quarter the prior year, exceeding the Capital IQ Consensus Estimate of $0.35 earnings per share for the period
According to BXS, progress in core fundamentals across all areas of the Company continues to drive earnings improvement.
BXS is a financial holding company headquartered in Tupelo, Mississippi, with $13.6 billion in assets. Its wholly-owned subsidiary BancorpSouth Bank operates 284 commercial banking, mortgage, and insurance locations.
More about BancorpSouth, Inc. (BXS) at www.bancorpsouth.com
Steel Dynamics Inc. (STLD)
STLD exceeded Wall Street analysts’ profit and revenue expectations in its quarterly financial results.
For the second quarter 2015, STLD posted revenue of $2.01 billion and adjusted net income of $53 million, or $0.22 per diluted share, topping the Capital IQ Consensus Estimate of $0.21 earnings per share on revenues of $1.9 billion for the period
Based on an expected reduction in steel import volume and sustained lower scrap costs, STLD anticipates improved financial results in the second half of 2015
STLD is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and metals recycling capability.
Crown Equity Holdings Inc. (CRWE)
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
The company is currently developing its growing network of community targeted sites, expected to be a one-stop shop for the various needs of consumers.
CRWE Network’s business model is based on selling advertising to businesses targeting both locally and nationally
The company’s CRWE Real Estate ( www.CRWERealEstate.com ) is expected to be integrated in all the CRWE Network. It will allow people to submit their listings for exposure to visitors searching for homes.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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