First of all, the Java compiler (which turns java source into bytecode) is pretty dumb. Out of the many optimization techniques known to compiler constructors, just a handful (like constant folding) are implemented by javac.
Whereas the Java just-in-time compiler does many many more things; but even the JIT will not change the order of arguments for you (as that can change the semantics of the underlying program).
Finally, when thinking about this code, performance should not be the motivation behind you changing it. Instead, you should worry about the semantics too. Do you want that foo() is executed (for side effects); or maybe do you not want that foo() runs all the time?
Of course, "foo()" could be doing many many things; and not executing it might gain some performance. But most likely: it will not matter (from a performance perspective).
In other words: stay away from micro-optimisations, see here for backing reasons to that recommendation.