Fabrinet (FN) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - The market anticipates Fabrinet (FN) will report a year-over-year increase in earnings driven by higher revenues when it releases its quarterly results for the period ending March 2025 [1][2]. Earnings Expectations - Fabrinet is expected to post quarterly earnings of $2.47 per share, reflecting a year-over-year increase of +3.4% [3]. - Revenues are projected to reach $858.96 million, which is a 17.4% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.68% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Fabrinet matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likelihood of actual earnings deviating from the consensus estimate, with positive readings being more predictive of earnings beats [7][8]. - Fabrinet's current Zacks Rank is 3 (Hold), making it challenging to predict an earnings beat conclusively [11]. Historical Performance - In the last reported quarter, Fabrinet exceeded the expected earnings of $2.51 per share by delivering $2.61, resulting in a surprise of +3.98% [12]. - Over the past four quarters, Fabrinet has surpassed consensus EPS estimates three times [13]. Industry Context - In the Zacks Electronics - Miscellaneous Components industry, nVent Electric (NVT) is expected to report earnings of $0.66 per share, indicating a year-over-year decline of -14.3% [17]. - nVent's revenue is anticipated to be $788.44 million, down 9.9% from the previous year [17]. - The consensus EPS estimate for nVent has been revised down by 0.4% over the last 30 days, resulting in an Earnings ESP of -0.40% [18].