Fabrinet (NYSE:FN) reported its Q4 earnings results on Monday, August 15, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Fabrinet beat estimated earnings by 9.09%, reporting an EPS of $1.68 versus an estimate of $1.54.

Revenue was up $78.31 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 5.82% drop in the share price the next day.

Here's a look at Fabrinet's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Fabrinet management provided guidance for Q1 2023, expecting earnings between $1.72 and $1.79 per share.

To track all earnings releases for Fabrinet visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.