Fabrinet (FN) is set to announce its second-quarter fiscal 2026 results on February 2, with expected revenues between $1.05 billion and $1.10 billion and non-GAAP earnings per share projected to range from $3.15 to $3.30. The Zacks Consensus Estimate for revenues stands at $1.08 billion, showing a 29.39% year-over-year increase, while the consensus for earnings is at $3.26 per share, reflecting a 24.9% growth from the previous year.
Key factors influencing Fabrinet’s Q2 performance include a remarkable 59% year-over-year surge in telecom revenues and nearly doubling of DCI sales, driven by robust demand. However, the automotive sector is expected to remain flat or decline slightly, potentially limiting overall growth. In the first quarter, Fabrinet faced margin pressures due to foreign exchange impacts, which may also affect Q2 margins. Over the past four quarters, Fabrinet has consistently beaten Zacks Consensus Estimates by an average of 2.39%.
