Fabrinet Earnings, Guidance Top Views As China Tariffs Give Boost [Investor's Business Daily]
Fabrinet Ordinary Shares (FN)
Last fabrinet ordinary shares earnings: 2/3 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.fabrinet.com/investor-relations
Company Research
Source: Investors Business Daily
Related news Fabrinet stock shot up Tuesday after a beat-and-raise fiscal first quarter that came amid views the ongoing trade battle between the U.S. and China will give the company a boost. Shares in Fabrinet ( FN ), a contract manufacturer specializing in optical products, jumped 10.2% to 49.80 in premarket trading on the stock market today . Needham analyst Alex Henderson says manufacturing is moving away from Chinese plants because of tariffs placed of products imported into the U.S. Fabrinet's manufacturing is located in Thailand. "As companies flee China, Fabrinet is benefiting and seeing rapid uptake of capacity commitments," Henderson said in a report to clients. Fabrinet stock has a technical buy point of 49.07. Fabrinet stock has been consolidating amid October's sell-off in many technology stocks. The company said revenue rose 6% to $377.2 million, blowing past analyst estimates of $352 million. Profit jumped 23% to 92 cents. Analysts had projected 81 cents. For the Decemb
Show less
Read more
Impact Snapshot
Event Time:
FN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FN alerts
High impacting Fabrinet Ordinary Shares news events
Weekly update
A roundup of the hottest topics
FN
News
- Fabrinet to Present at J.P. Morgan ConferenceBusiness Wire
- Fabrinet (NYSE: FN) had its price target lowered by analysts at B. Riley from $173.00 to $171.00. They now have a "neutral" rating on the stock.MarketBeat
- Fabrinet (NYSE:FN) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Fabrinet (NYSE: FN) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $220.00 price target on the stock.MarketBeat
- Fabrinet Announces Third Quarter Fiscal Year 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
FN
Earnings
- 5/6/24 - Beat
FN
Sec Filings
- 5/7/24 - Form 10-Q
- 5/6/24 - Form 8-K
- 3/13/24 - Form 4
- FN's page on the SEC website