Fabrinet expected to post earnings of $1.46 a share - Earnings Preview

Fabrinet

28/01/2022 23:05

* Fabrinet  FN.N   FN  is expected to show a rise in
quarterly
revenue when it reports  results on January 31. 
    * The Pathumtani Pathum Thani-based  company is expected to
report
 a 20.3% increase in revenue to $546.028 million from $453.83
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Fabrinet is for
earnings
of $1.46 per share. For the same quarter last year, the company
reported earnings of $1.10 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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
$130​, about 15.8% above​ its last closing price of $109.40. ​​​
    * 

This summary was machine generated January 28 at 23:05 GMT.  All
figures in US dollars  unless otherwise stated