Fabrinet Q3 Earnings Outlook

On Monday, Fabrinet FN will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Based on Fabrinet management projections, analysts predict EPS of 71 cents per share on revenue of $319.1 million.

In the same quarter last year, Fabrinet announced EPS of 80 cents on revenue of $366.8 million. The Wall Street consensus estimate for earnings would represent a 11.25 percent decrease for the company. Sales would have fallen 12.99 percent from the same quarter last year. Fabrinet's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate 0.7 0.8 0.83 0.88
EPS Actual 0.72 0.75 0.86 0.8

 

Stock Performance

Over the last 52-week period, shares are up 0.46 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The popular rating by analysts on Fabrinet stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Fabrinet's conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: http://investor.fabrinet.com/

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsEarnings Previews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!