Fabrinet expected to post earnings of $1.86 a share - Earnings Preview

Fabrinet

04/11/2023 03:02

* Fabrinet  FN.N   FN  is expected to show a rise in
quarterly
revenue when it reports  results on November 6. 
    * The Santa Clara California-based  company is expected to
report 
a 0.5% increase in revenue to $659.008 million from $655.43
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. The company's guidance on August
21 2023, for the period ended September 30, was for revenue
between $650.00 million and $670.00 million.
    * ​Refinitiv's mean analyst estimate for Fabrinet is for
earnings
of $1.86 per share. The company's EPS guidance on August 21
2023, for the period ended September 30, was between $1.83 and
$1.90 
    * 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
$192.5​, above​ its last closing price of $162.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.81        1.80       1.86      Beat    3.2
 Mar. 31 2023  1.84        1.87       1.94      Beat    3.5
 Dec. 31 2022  1.87        1.87       1.90      Beat    1.5​
 Sep. 30 2022  1.74        1.74       1.97      Beat    13.5
 ​​Jun.        1.54        1.54       1.68      Beat    9
 30 2022                                                
 Mar. 31 2022  1.53        1.52       1.50      Missed  -1.4​
 Dec. 31 2021  1.46        1.46       1.50      Beat    2.9
 Sep. 30 2021  1.33        1.33       1.45      Beat    9.3
 This summary was machine generated November 4 at 03:02 GMT.  All
figures in US dollars  unless otherwise stated