Fabrinet (NYSE:FN) is set to announce fourth quarter earning results on Monday 17th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, FN to report 4Q20 income of $ 0.87 per share.
For the full year, analysts anticipate top line of $ 1623.58 million, while looking forward to income of $ 3.64 per share bottom line.
The Company Outlook
Revenue for 4Q20 are expected in a range of $ 370.00 million ~ $ 400.00 million
Click Here For More Historical Outlooks Of Fabrinet
Previous Quarter Performance
Fabrinet outlined income for the third quarter of $ 0.92 per share, from the revenue of $ 411.21 million. The quarterly earnings while revenues compared with the same quarter last year.
Street analysts expected Fabrinet to report income of $ 0.93 per share on revenue of $ 414.09 million for the third quarter. The bottom line results missed street analysts by $ 0.01 or 1.08 percent, at the same time, top line results fell short of analysts by $ 2.88 million or 0.7 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of FN was $ 73.06, representing a 66.05 % increase from the 52 week low of $ 44.00 and a 4.93 % decrease over the 52 week high of $ 76.85.
The company has a market capital of $ 2.68 billion and is part of the Technology sector and Electronic Components industry.
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Conference Call
Fabrinet will be hosting a conference call at 5:00 PM eastern time on 17th August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.fabrinet.com
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances.
