Sandisk Stock Drops as Profit Estimates Come Up Short on Fab Startup Costs
1. SNDK's earnings guidance missed estimates due to higher startup costs. 2. Expected EPS for Q1 2026 is lower than analysts' forecasts. 3. Fab startup costs increased to $60 million, affecting profit projections. 4. Company posted better-than-expected Q4 results despite outlook concerns. 5. Shares have dropped nearly 5%, but are up 25% since February.