On Monday 4th November 2024, investors and market participants can expect the release of Fabrinet (NYSE: FN) first quarter financial results. This crucial announcement will be made after market close.
It is anticipated by financial experts on Wall Street that the firm is set to announce an estimated $2.38 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $770.37 million for this period.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $3.24 billion. In addition, they anticipate the company to report profit of $9.96 per share for the fiscal year.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $2. This considerable sum was attributed to the company's total revenue, which reached an impressive $685.48 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $2.41 | +29.6% | 753.26 M | +14.8% |
| Q3 2024 | $2.39 | +23.2% | 731.54 M | +10.0% |
| Q2 2024 | $2.08 | +9.5% | 712.69 M | +6.6% |
| Q1 2024 | $2.00 | +1.5% | 685.48 M | +4.6% |
| Q4 2023 | $1.86 | +10.7% | 655.87 M | +11.6% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the first quarter financial results on 4th November 2024 at 05:00 PM eastern time, in a conference call with public.
The previous trading day saw Fabrinet (FN) shares trading between $240.57 and $249.54, besides a volume of 867.40 thousand shares. The stock closed Friday's regular trading session at $242.53, showing 0.65 percent increase.
