Fabrinet expected to post earnings of $1.87 a share - Earnings Preview

Fabrinet

04/02/2023 01:27

* Fabrinet  FN.N   FN  is expected to show a rise in
quarterly
revenue when it reports  results on February 6. 
    * The Pathumtani Pathum Thani-based  company is expected to
report
 a 15.1% increase in revenue to $652.475 million from $566.63
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
November 7 2022, for the period ended December 31, was for
revenue between $640.00 million and $660.00 million.
    * ​Refinitiv's mean analyst estimate for Fabrinet is for
earnings
of $1.87 per share. The company's EPS guidance on November 7
2022, for the period ended December 31, was between $1.86 and
$1.93 
    * 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
$136.25​, above​ its last closing price of $133.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.74        1.74       1.97      Beat    13.5
 Jun. 30 2022  1.54        1.54       1.68      Beat    9
 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.        1.33        1.33       1.45      Beat    9.3
 30 2021                                                
 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
 This summary was machine generated February 4 at 01:27 GMT.  All
figures in US dollars  unless otherwise stated