Fabrinet: Q2 Earnings Insights

Fabrinet FN reported its Q2 earnings results on Monday, February 5, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Fabrinet beat estimated earnings by 2.46%, reporting an EPS of $2.08 versus an estimate of $2.03.

Revenue was up $44.04 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 6.14% increase in the share price the next day.

Here's a look at Fabrinet's past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 1.86 1.80 1.87 1.87
EPS Actual 2 1.86 1.94 1.90
Revenue Estimate 659.01M 641.41M 651.53M 652.47M
Revenue Actual 685.48M 655.87M 665.28M 668.66M

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.

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