Published on 6 May 2024 on Zacks via Yahoo Finance
Fabrinet (FN) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 12.74%. A quarter ago, it was expected that this company that assembles optical, electro-mechanical and electronic devices for other companies would post earnings of $2.04 per share when it actually produced earnings of $2.08, delivering a surprise of 1.96%.