Fabrinet expected to post earnings of $2.38 a share - Earnings Preview

• Fabrinet FN.N, FN is expected to show a rise in quarterly revenue when it reports results on November 4 for the period ending January 1 0001

• The George Town Cayman Islands-based company is expected to report a 12.4% increase in revenue to $770.372 million from $685.48 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on August 19 2024, for the period ended September 30, was for revenue between $760.00 million and $780.00 million.

• ​LSEG's mean analyst estimate for Fabrinet is for earnings of $2.38 per share. The company's EPS guidance on August 19 2024, for the period ended September 30, was between $2.33 and $2.40

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts had risen by about 0.2% in the last three months. ​

• Wall Street's median 12-month price target for Fabrinet is 270.00​, above​ its last closing price of $242.53. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated November 2 at 04:09 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)