Fabrinet Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
Fabrinet (NYSE:FN) is set to report its Q4 financial results on Aug. 21, 2023. Analysts predict earnings of $1.80 per share, up from $1.68 per share a year ago, and revenue of $640.61 million, up from $587.87 million. The company's shares closed at $117.85 on Friday, up 1.4%. Several analysts have recently revised their ratings and price targets for the company.
August 21, 2023 | 1:32 pm
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Fabrinet is expected to report increased earnings and revenue for Q4. The company's stock price has recently increased and several analysts have revised their ratings and price targets.
The expected increase in earnings and revenue, along with recent positive stock price movement and analyst revisions, suggest a positive short-term impact on Fabrinet's stock.
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IMPORTANCE 80
RELEVANCE 100