Fabrinet Q4 2024 Adj. EPS $2.41 Beats $2.24 Estimate, Sales $753.261M Beat $732.220M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fabrinet (NYSE:FN) reported Q4 2024 earnings per share of $2.41, surpassing the analyst estimate of $2.24. The company's sales reached $753.261 million, exceeding the expected $732.220 million and marking a 14.85% increase from the previous year.
August 19, 2024 | 8:23 pm
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Fabrinet's Q4 2024 earnings and sales exceeded analyst expectations, with EPS at $2.41 and sales at $753.261M, indicating strong financial performance and a 14.85% YoY sales growth.
Fabrinet's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant year-over-year sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100