Fabrinet reports results for the quarter ended in June - Earnings Summary

Fabrinet

15/08/2022 23:33

* Fabrinet  FN.N  reported quarterly adjusted earnings of
$1.68​​
per share for the quarter ended in June. The mean expectation of
five analysts for the quarter was for earnings of $1.54 per
share.
    * Revenue rose 15.4% to $587.87 million from a year ago;
analysts
expected $581.50 million. 
    * Fabrinet's reported EPS for the quarter was $1.51​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Fabrinet shares had risen by 24.1% this quarter and
lost 15.0%
so far this year.
    * The company reported quarterly net income of $50.28
million.
    * Wall Street's median 12-month price target for Fabrinet is
$122.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 15
at 10:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.54           1.68           Beat
 Mar. 31 2022      1.52           1.50           Missed
 Dec. 31 2021      1.46           1.50           Beat
 Sep. 30 2021      1.33           1.45           Beat