Fabrinet expected to post earnings of $1.54 a share - Earnings Preview

Fabrinet

13/08/2022 01:43

* Fabrinet  FN.N   FN  is expected to show a rise in
quarterly
revenue when it reports  results on August 15. 
    * The Pathumtani Pathum Thani-based  company is expected to
report
 a 14.1% increase in revenue to $581.499 million from $509.57
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 $1.54 per share. For the same quarter last year, the company
reported earnings of $1.31 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$122​, above​ its last closing price of $100.66. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.53        1.52       1.50      Missed  -1.4
 Dec. 31 2022  1.46        1.46       1.50      Beat    2.9
 Sep. 30 2021  1.33        1.33       1.45      Beat    9.3​
 Jun. 30 2021  1.22        1.22       1.31      Beat    7.5
 ​​Mar.        1.15        1.14       1.21      Beat    5.8
 31 2021                                                
 Dec. 31 2020  1.04        1.04       1.10      Beat    6​
 Sep. 30 2020  0.98        0.98       1.05      Beat    7.6
 Jun. 30 2020  0.87        0.87       0.96      Beat    10.3
 This summary was machine generated August 13 at 00:43 GMT.  All
figures in US dollars  unless otherwise stated