Fabrinet expected to post earnings of $1.80 a share - Earnings Preview

Fabrinet

18/08/2023 21:15

* Fabrinet  FN.N   FN  is expected to show a rise in
quarterly
revenue when it reports  results on August 21. 
    * The Pathumtani Pathum Thani-based  company is expected to
report
 a 9.1% increase in revenue to $641.415 million from $587.87
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on May
8 2023, for the period ended June 30, was for revenue between
$630.00 million and $650.00 million.
    * ​Refinitiv's mean analyst estimate for Fabrinet is for
earnings
of $1.80 per share. The company's EPS guidance on May 8 2023,
for the period ended June 30, was between $1.76 and $1.83 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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
$135​, above​ its last closing price of $116.23. ​​​

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 2023  1.84        1.87       1.94      Beat    3.5
 Dec. 31 2023  1.87        1.87       1.90      Beat    1.5
 Sep. 30 2022  1.74        1.74       1.97      Beat    13.5​
 Jun. 30 2022  1.54        1.54       1.68      Beat    9
 ​​Mar.        1.53        1.52       1.50      Missed  -1.4
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated August 18 at 20:15 GMT.  All
figures in US dollars  unless otherwise stated