Electronic Contract Manufacture (ECM) Sector Message Board

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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

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To: kolo55 who wrote (1777)	9/24/1998 1:49:00 AM
From: kolo55	Read Replies (1) of 2542

SCI warns of revenue shortfall for the Sept Q. But expects that EPS will meet street estimates. I've clipped in two news items. SCI Expects September Quarter Revenue May Be Somewhat Below Expectations; Earnings Expectations Unaffected HUNTSVILLE, Ala., Sept., 23 /PRNewswire/ -- SCI Systems, Inc. (NYSE: SCI - news) said today, that based upon shipments to date, its current September quarter revenue estimates may be below analysts' expectations by a single digit percentage. Timing of various customer shipment releases is the primary factor involved. While the quarter is not complete, and accurate accounting data is obviously not available, current earnings per share estimates for the quarter approximate ''street'' expectations. A variety of factors have contributed to the apparent estimated profit margin increase. Wednesday September 23, 9:54 pm Eastern Time SCI Systems sees Q1 revs below estimates HUNTSVILLE, Ala., Sept 23 (Reuters) - SCI Systems Inc. said on Wednesday that based upon shipments to date, revenue for its first quarter ending in September may be below analysts' expectations by a single digit percentage. The diversified electronics company said in a statement that the timing of various customer shipment releases was the primary factor involved. The company said its first quarter earnings per share should be in line with Wall Street estimates of about $0.45, according to a First Call Corp. survey.

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