For the quarter ended December 2024, Fabrinet (FN) reported income of $833.61 million, up 17% over the identical interval final 12 months. EPS got here in at $2.61, in comparison with $2.08 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $815.42 million, representing a shock of +2.23%. The corporate delivered an EPS shock of +3.98%, with the consensus EPS estimate being $2.51.
Whereas traders scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s value efficiency.
Right here is how Fabrinet carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Revenues- Optical communications- Datacom: $299.10 million in comparison with the $331.25 million common estimate based mostly on two analysts.
- Revenues- Optical communications- Telecom: $348 million versus the two-analyst common estimate of $308.54 million.
- Revenues- Non-optical communications- Automotive: $104.20 million versus the two-analyst common estimate of $105.17 million.
- Revenues- Non-optical communications: $186.50 million versus $180.54 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +28.8% change.
- Revenues- Non-optical communications- Others: $44.70 million in comparison with the $38.58 million common estimate based mostly on two analysts.
- Revenues- Optical communications: $647.10 million versus the two-analyst common estimate of $639.79 million. The reported quantity represents a year-over-year change of +14%.
- Revenues- Non-optical communications- Industrial laser: $37.50 million versus the two-analyst common estimate of $36.79 million.
View all Key Company Metrics for Fabrinet here>>>
Shares of Fabrinet have returned -5.9% over the previous month versus the Zacks S&P 500 composite’s +2.7% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.
Solely $1 to See All Zacks’ Buys and Sells
We’re not kidding.
A number of years in the past, we shocked our members by providing them 30-day entry to all our picks for the full sum of solely $1. No obligation to spend one other cent.
Hundreds have taken benefit of this chance. Hundreds didn’t – they thought there should be a catch. Sure, we do have a purpose. We would like you to get acquainted with our portfolio companies like Shock Dealer, Shares Underneath $10, Expertise Innovators,and extra, that closed 228 positions with double- and triple-digit positive aspects in 2023 alone.
Fabrinet (FN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
