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

Fabrinet

06/05/2023 03:08

* Fabrinet  FN.N   FN  is expected to show a rise in
quarterly
revenue when it reports  results on May 8. 
    * The Pathumtani Pathum Thani-based  company is expected to
report
 a 15.4% increase in revenue to $651.526 million from $564.4
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
February 6 2023, for the period ended March 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 February 6
2023, for the period ended March 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
$125​, above​ its last closing price of $93.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.54        1.54       1.68      Beat    9​
 Mar. 31 2022  1.53        1.52       1.50      Missed  -1.4
 ​​Dec.        1.46        1.46       1.50      Beat    2.9
 31 2021                                                
 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. 31 2021  1.15        1.14       1.21      Beat    5.8
 This summary was machine generated May 6 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated