Solectron beats estimates by a penny

Solectron topped analyst forecasts by a penny in the fourth quarter and predicted fiscal 2001 results would be at or slightly above current estimates. After market close Monday, the contract electronicsmanufacturer posted fiscal fourth quarter earnings of$171 million, or 27 cents per share.

Solectron topped analyst forecasts by a penny in the fourth quarter and predicted fiscal 2001 results would be at or slightly above current estimates.

After market close Monday, the contract electronics manufacturer posted fiscal fourth quarter earnings of $171 million, or 27 cents per share. First Call Corp.'s survey of 23 analysts predicted a profit of 26 cents per share for the quarter ended Aug. 25. Full story. -- Reuters

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