Recap: Fabrinet Q4 Earnings

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.

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
EPS Estimate	1.52	1.45	1.33	1.21
EPS Actual	1.50	1.50	1.45	1.31
Revenue Estimate	575.31M	546.03M	521.25M	486.88M
Revenue Actual	564.39M	566.63M	543.32M	509.57M

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.