Fabrinet (FN) Projected to Announce Earnings on Monday

Fabrinet (NYSE:FN) will likely be releasing its earnings data after the market closes on Monday, February 3rd. Analysts expect Fabrinet to post earnings of $2.48 per share and revenue of $814.56 million for the quarter. Fabrinet has set its Q2 guidance at $2.44-$2.52 EPS and its Q2 2025 guidance at 2.440-2.520 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Fabrinet (NYSE:FN) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.01. The business had revenue of $804.20 million for the quarter, compared to analyst estimates of $771.24 million. Fabrinet had a return on equity of 18.08% and a net margin of 10.28%. The firm’s revenue was up 17.3% on a year-over-year basis. During the same period last year, the company earned $1.78 EPS. On average, analysts expect Fabrinet to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Fabrinet Trading Up 1.5 %

NYSE:FN opened at $215.99 on Friday. Fabrinet has a 1-year low of $159.69 and a 1-year high of $281.79. The firm has a market capitalization of $7.83 billion, a price-to-earnings ratio of 25.56 and a beta of 0.93. The business’s 50-day moving average price is $231.33 and its two-hundred day moving average price is $235.07.

Wall Street Analyst Weigh In

FN has been the subject of several recent analyst reports. Barclays initiated coverage on shares of Fabrinet in a research note on Thursday, November 14th. They issued an “equal weight” rating and a $292.00 target price for the company. B. Riley downgraded Fabrinet from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $194.00 to $178.00 in a research note on Wednesday, November 20th. Finally, Needham & Company LLC started coverage on Fabrinet in a report on Tuesday, November 5th. They issued a “buy” rating and a $280.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Fabrinet presently has a consensus rating of “Hold” and a consensus target price of $252.14.

Fabrinet Company Profile

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing.