{
  "id": 4310866,
  "title": "Fabrinet (FN) Beat Every Estimate. Its Stock Still Fell 11%",
  "url": "https://urgent.news/2026/08/28/fabrinet-fn-beat-every-estimate-its-stock-still-fell-11",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T18:12:45.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/fabrinet-fn-beat-every-estimate-181245872.html"
  },
  "original_language": "en",
  "account": "On August 18, 2026, Fabrinet (FN) delivered strong fourth-quarter earnings that surpassed expectations, yet the stock still declined 11% in premarket trading. Adjusted earnings per share reached $4.10, up from $2.65 a year earlier, and revenue grew by 45% to $1.32 billion. CEO Seamus Grady confidently stated, \"There looks to be no end in sight to the demand from the customers,\" and guided first-quarter profit between $4.10 and $4.25 a share, well above Wall Street's $3.98 estimate. Despite the positive outlook, the company's stock fell as investors worried about the impact of a declining relationship with Nvidia, one of its biggest customers, and weaker performance in the datacom segment.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}