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0.000345226392181763 0.00410570751170999 0.00474180304169313 0.0049441970739605 0.0248077256693459 0.021222459954895 0.0344075637541201 0.0549355230440062
Stock impact report

Fabrinet Shares Drop 23% After 2Q EPS Misses Expectations [MarketWatch]

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: MarketWatch
The electronic manufacturing services company said it had quarterly earnings of $80.8 million, or $1.89 a share, compared with earnings of $75.5 million, or $1.71 a share, in the same quarter last year. Analysts polled by FactSet were looking for earnings of $73.9 million, or $2.08 a share. Advertisement Revenue for the quarter came in at $712.7 million, compared with last year's $668.7 million and the $696.3 million analysts were expecting. For the third quarter, Fabrinet said it is expecting revenue of $705 million to $725 million, compared with the $707 million analysts are forecasting. The company is looking for third-quarter earnings of $1.89 to $1.96 a share, below the$2.10 a share analysts are looking for. Fabrinet is also looking for adjusted earnings of $2.08 to $2.15 a share, while analysts are looking for $2.08 a share. Write to Chris Wack at chris.wack@wsj.com Show less Read more
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