Fabrinet 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.
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:
|Quarter||Q3 2022||Q2 2022||Q1 2022||Q4 2021|
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).
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.
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