On Monday, Feb. 4, Fabrinet FN will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Fabrinet EPS will likely be near 92 cents while revenue will be around $385.76 million, according to analysts.
In the same quarter last year, Fabrinet reported EPS of 72 cents on revenue of $337.07 million. Sales would be have grown 14.44 percent from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
EPS Estimate | 0.81 | 0.75 | 0.71 | 0.7 |
EPS Actual | 0.92 | 0.81 | 0.71 | 0.72 |
Stock Performance
Over the last 52-week period, shares are up 129.67 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release. Analysts have adjusted their estimates higher 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
Fabrinet's Q2 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/d9d7tzqi
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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