Fabrinet expected to post earnings of $2.50 a share - Earnings Preview

Fabrinet

31/01/2025 21:05

* Fabrinet  FN.N   FN  is expected to show a rise in
quarterly
revenue when it reports  results on February 3 for the period
ending December 31 2024
    * The George Town Cayman Islands-based   company is expected
to
report a 14.3% increase in revenue to $814.333 million from
$712.69 million a year ago, according to the mean estimate from
6 analysts, based on LSEG data.The company's guidance on
November 4 2024, for the period ended December 31, was for
revenue between $800.00 million and $820.00 million.
    * ​LSEG's mean analyst estimate for Fabrinet is for earnings
of
$2.50 per share. The company's EPS guidance on November 4 2024,
for the period ended December 31, was between $2.44 and $2.52 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 1 "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
$280.00​, above​ its last closing price of $212.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  2.38        2.38       2.39      Beat    0.4
 Jun. 30 2024  2.25        2.25       2.41      Beat    7.4
 Mar. 31 2024  2.11        2.11       2.39      Beat    13.2​
 Dec. 31 2023  2.04        2.03       2.08      Beat    2.5
 ​​Sep.        1.86        1.86       2.00      Beat    7.5
 30 2023                                                
 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
 This summary was machine generated January 31 at 21:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)