Fabrinet (NYSE: FN ) is expected to report Q4 earnings on Aug. 20. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Fabrinet's revenues will wane -25.7% and EPS will shrink -45.8%.
The average estimate for revenue is $141.5 million. On the bottom line, the average EPS estimate is $0.26.
Last quarter, Fabrinet logged revenue of $139.0 million. GAAP reported sales were 29% lower than the prior-year quarter's $194.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.28. GAAP EPS were -$1.35 for Q3 compared to $0.49 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 10.7%, 230 basis points worse than the prior-year quarter. Operating margin was 6.0%, 330 basis points worse than the prior-year quarter. Net margin was -33.3%, 4,190 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $563.5 million. The average EPS estimate is $1.20.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 24 members out of 28 rating the stock outperform, and four members rating it underperform. Among seven CAPS All-Star picks (recommendations by the highest-ranked CAPS members), six give Fabrinet a green thumbs-up, and one gives it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fabrinet is outperform, with an average price target of $22.75.