All Reports

Aptiv (APTV; $85.77; E/W) reported adjusted Q3 EPS of $2.17, which handily beat our $1.78 and the Street’s $1.81 on sales upside ($5,212mm vs. our $5,050mm and the Street’s $5,095mm). Recall, the company’s Q3 outlook…

We raise F2026E (Sept) EPS for TE Connectivity (TEL; $240.76; O/P) from $10.05 to $10.55 (+14% YoY) on an apples-to-apples basis for the new exclusion of intangible amortization expense (and its tax effects) in its…

We raise our F2026/F2027E (Mar) EPS for Flex (FLEX; $66.10; O/P) from $3.00/$3.30 to $3.13/$3.40 (+18% and +9% YoY) after the company comfortably beat our and consensus FQ2 (Sept) expectations, provided FQ3 (Dec) guidance that…

We reiterate our Outperform and raise our target from $300 to $400 on the shares of Celestica (CLS; $341.86) after the company produced another big Q3 “beat and raise” that came with an increasingly bullish…

We are raising our F2026/F2027E (Jun) EPS for Seagate (STX; $223.00; O/P) from $10.55/$13.50 to $11.05/$13.45 after the company handily beat our and consensus expectations for FQ1 (Sep) and provided FQ2E (Dec) guidance that comfortably…

We basically maintain our 2025/2026E EPS for Corning (GLW; $86.43; O/P) at $2.52/$2.90 after the company’s Q3 results and outlook were “only” modestly ahead of consensus expectations. This was especially of note with Optical Communications…

TE Connectivity (TEL; $236.54; O/P) reported FQ4 (Sep) non-GAAP EPS of $2.44, which comfortably beat our $2.28 and the Street’s $2.29 on healthy sales upside ($4,749mm vs. our $4,562mm and consensus of $4,579mm). By comparison,…

Seagate (STX; $223.00; O/P) reported FQ1 (Sep) non-GAAP EPS of $2.61, which beat our $2.32 and the Street’s $2.40 on sales upside ($2,629mm vs. our $2,513mm and the Street’s $2,548mm). Recall, STX’s FQ1 guidance called…

Corning (GLW; $89.37; O/P) reported Q3 “core” EPS of $0.67, which was ahead of our consensus matching $0.66 on somewhat higher core sales than we modeled ($4,272mm vs. our $4,200mm and the Street’s $4,231mm). Recall,…

We are adjusting our 2025/2026E EPS for Amkor Technology (AMKR; $33.18; E/W) from $1.15/$1.60 to $1.24/$1.43 after the company produced a “clean” Q3 EPS beat, albeit with some Q4E guidance disappointments, mainly on the margin…

Celestica (CLS; $301.82; O/P) reported Q3 non-GAAP EPS of $1.58, which was comfortably ahead of our $1.45 and consensus of $1.49 on sales of $3,194mm (vs. our $3,000mm and the Street’s $3,036mm). As illustrated in…

Amkor Technology (AMKR; $33.18; E/W) reported Q3 EPS of $0.51, which was comfortably ahead of our $0.42 and the Street’s $0.43 on sales of $1,987mm (vs. our $1,925mm and the Street’s $1,932mm). Recall, AMKR’s Q3…

We reiterate our Outperform and $26 target on the shares of Lyft (LYFT; $20.37) ahead of its Q3 results and outlook, which are scheduled for Wednesday, November 5th (after market), especially since the stock has…

We think Uber Technologies’ (UBER; $94.97; E/W) Q3 results and outlook, scheduled for Tuesday, November 4th (before market), live up to Street expectations, especially when it comes to EBITDA profits and margins. However, the stock…

This morning, Sanmina (SANM; $136.00; O/P) announced it completed the previously announced acquisition of the ZT Systems data center infrastructure business from AMD (AMD; $254.16; NR), which we continue to view as transformational for the…