These Analysts Increase Their Forecasts On Fabrinet After Q4 Results
Fabrinet (NYSE:FN) beat Q4 earnings and sales estimates, but forecasts lower GAAP EPS for Q1. CEO optimistic about future growth. Shares dip 18.5%.
Fabrinet did better than expected this quarter, and some experts think it will keep doing well. But the stock price dropped a lot, which sometimes happens when people worry about what comes next—so watch if the company actually delivers on those promises.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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