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FGI Industries Ltd expected to post earnings of 7 cents a share - Earnings Preview
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FGI Industries Ltd <FGI.OQ> expected to post earnings of 7 cents a share - Earnings Preview
  • FGI Industries Ltd FGI.OQ FGI.O is expected to show a fall in quarterly revenue when it reports results on March 20 for the period ending December 31 2023

  • The East Hanover New Jersey-based company is expected to report a 4.4% decrease in revenue to $30.405 million from $31.79 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for FGI Industries Ltd is for earnings of 7 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," "hold" and "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for FGI Industries Ltd is $2.75​, above​ its last closing price of $1.41. ​​​

This summary was machine generated March 18 at 20:08 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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