Fabrinet expected to post earnings of $1.33 a share - Earnings Preview

Fabrinet

30/10/2021 03:06

* Fabrinet  FN.N   FN  is expected to show a rise in quarterly
revenue when it reports results on November 1. 
* The George Town, Cayman Islands-based company is expected to
report  a 19.7% increase in revenue to $522.655 million from
$436.64 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Fabrinet is for
earnings of $1.33 per share. For the same quarter last year, the
company reported earnings of $1.05 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Fabrinet is
$106​, about 9.4% above​ its last closing price of $96.00. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.22        1.22       1.31      Beat    7.5
 Mar. 31 2021  1.15        1.14       1.21      Beat    5.8
 Dec. 31 2020  1.04        1.04       1.10      Beat    6​
 Sep. 30 2020  0.98        0.98       1.05      Beat    7.6
 Jun.          0.87​       0.87       0.96      Beat    10.3​
 30​ 2020​                                              
 Mar. 31 2020  0.93        0.94       0.92      Missed  -1.6​
 Dec. 31 2019  0.93        0.93       1.00      Beat    7.6
 Sep. 30 2019  0.82        0.82       0.86      Beat    4.8
 This summary was machine generated October 30 at 02:06 GMT.  All
figures in US dollars unless otherwise stated