Fabrinet Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

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Fabrinet (NYSE:FN) will release earnings for its third quarter after the closing bell on Monday, May 4.

Analysts expect the company to report quarterly earnings of $3.56 per share, up from $2.52 per share in the year-ago period. The consensus estimate for Fabrinet’s quarterly revenue is $1.19 billion (it reported $871.8 million last year), according to Benzinga Pro.

On Feb. 2, Fabrinet reported second-quarter earnings of $3.36 per share, which beat the consensus estimate of $3.25.

Fabrinet shares gained 3.4% to close at $706.53 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating …

Full story available on Benzinga.com

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