All Reports

Seagate (STX; $152.68; O/P) reported FQ4 (Jun) non-GAAP EPS of $2.59, which was comfortably ahead of our $2.38 and the Street’s $2.45 on solid sales upside ($2,444mm vs. our $2,397mm and the Street’s $2,421mm). Recall,…

Corning (GLW; $55.41; O/P) reported Q2 “core” EPS of $0.60, which was ahead of our consensus-matching $0.57 led by better-than-expected core sales ($4,045mm vs. our $3,850mm and the Street’s $3,856mm). Recall, GLW’s Q2 outlook called…

We bump up our F2025/F2026E (Sept) EPS from $5.85/$6.65 to $5.95/6.75 for Sanmina (SANM; $98.34; O/P) after its “across the board” FQ3 (Jun) beat, from sales to margins, EPS, and cash flows, with FQ4E guidance…

Celestica (CLS; $173.37; O/P) reported Q2 non-GAAP EPS of $1.39, which beat our $1.32 and was even more comfortably ahead of the Street’s $1.24 on sales of $2,893mm (vs. our $2,800mm and the Street’s $2,680mm)….

Sanmina (SANM; $98.35; O/P) reported FQ3 (Jun) non-GAAP EPS of $1.53, which were well ahead of our $1.41 and the Street’s $1.42 on sales of $2,042mm (vs. our $1,988mm and the Street’s $1,983mm). Recall, SANM’s…

We think Uber Technologies (UBER; $90.59; E/W) reports Q2 results and outlook next Wednesday (8/6 before market) that live up to Street expectations when it comes to EBITDA profits and margins. However, the stock has…

We reiterate our Outperform and $19 target on the shares of Lyft (LYFT; $14.26) ahead of its Q2 results and outlook, which are scheduled for Wednesday, August 6th (after market), especially since the stock has…

We believe the recent EPS season news flow is supportive of the idea that Belden (BDC; $128.56; E/W) can produce some Q2 EPS upside with Q3E guidance that lives up to our somewhat above consensus…

Yesterday, the European Automobile Manufacturers Association released car registration data from the region for the month of June, which was below seasonal trends for a second consecutive month, including when it came to hybrid electric…

Mobileye Global (MBLY; $15.42; E/W) posted modest upside to its positive Q2 pre-announcement from a few weeks ago and, not surprisingly, raised 2025E guidance for recent sales trends, which we think was largely anticipated in…

We adjust our F2025/F2026E (Sept) EPS for Plexus (PLXS; $118.29; E/W) from $7.05/$7.70 to $7.20/$7.40 after it produced FQ3 (Jun) EPS upside, albeit on as expected operating profits, but with FQ4E (Sept) guidance that was…

We see the 8% post-earnings plunge today in the shares of Flex (FLEX; $49.67; O/P) proving overdone in the coming weeks. Admittedly, the stock rallied 40% YTD (including doubling off its April lows) into this…

Mobileye Global (MBLY; $16.10; E/W) reported Q2 adjusted EPS of $0.13, slightly ahead of our $0.12 and the Street’s $0.11. Our forecasts were recently raised for the company’s positive pre-announcement. Sales were $506mm (+15% YoY…

We raise our 2025/2026E EPS from $2.70/$3.00 to $3.02/$3.42 for Amphenol (APH; $100.71; O/P) and reiterate our Outperform on the shares after both the company’s Q2 results and Q3E guidance came in much better than…

We are raising our F2025/F2026E (Sept) EPS for TE Connectivity (TEL; $202.04; O/P) from $8.20/$8.75 to $8.60/$9.45 and reiterating our Outperform rating on the shares after the company offered up a healthy “beat and raise”,…