Fabrinet (FN) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended December 2024, Fabrinet (FN) reported revenue of $833.61 million, up 17% over the same period last year. EPS came in at $2.61, compared to $2.08 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $815.42 million, representing a surprise of +2.23%. The company delivered an EPS surprise of +3.98%, with the consensus EPS estimate being $2.51.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Fabrinet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Optical communications- Datacom: $299.10 million compared to the $331.25 million average estimate based on two analysts. Revenues- Optical communications- Telecom: $348 million versus the two-analyst average estimate of $308.54 million. Revenues- Non-optical communications- Automotive: $104.20 million versus the two-analyst average estimate of $105.17 million. Revenues- Non-optical communications: $186.50 million versus $180.54 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +28.8% change. Revenues- Non-optical communications- Others: $44.70 million compared to the $38.58 million average estimate based on two analysts. Revenues- Optical communications: $647.10 million versus the two-analyst average estimate of $639.79 million. The reported number represents a year-over-year change of +14%. Revenues- Non-optical communications- Industrial laser: $37.50 million versus the two-analyst average estimate of $36.79 million. View all Key Company Metrics for Fabrinet here>>>Shares of Fabrinet have returned -5.9% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fabrinet (FN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks