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

Fabrinet

02/05/2022 23:35

* Fabrinet  FN.N  reported quarterly adjusted earnings of
$1.50​​
per share for the quarter ended in March. The mean expectation
of five analysts for the quarter was for earnings of $1.52 per
share.
    * Revenue rose 17.7% to $564.40 million from a year ago; 
analysts
expected $575.31 million. 
    * Fabrinet's reported EPS for the quarter was $1.35​.
    * The mean earnings estimate of analysts had risen by
about 4.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Fabrinet shares had fallen by 6.6% this quarter and
lost 17.1%
so far this year.
    * The company reported quarterly net income of $50.66
million.
    * Wall Street's median 12-month price target for Fabrinet is
$129.50 
    * 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 May 2 at 10:34 p.m.  ​All
figures in US dollars unless otherwise stated