FGI Industries Ltd FGI.OQ reported quarterly adjusted earnings of 6 cents per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of two analysts for the quarter was for earnings of 7 cents per share.
Revenue fell 2.6% to $30.96 million from a year ago; analysts expected $30.41 million.
FGI Industries Ltd's reported EPS for the quarter was 5 cents.
The company reported quarterly income of $538 thousand.
FGI Industries Ltd shares had fallen by 17.1% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the home improvement products & services retailers peer group is also "buy"
Wall Street's median 12-month price target for FGI Industries Ltd is $2.75
This summary was machine generated from LSEG data March 20 at 11:11 p.m. UTC. 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)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Dec. 31 2023 |
0.07 |
0.06 |
Missed |
Sep. 30 2023 |
0.14 |
0.05 |
Missed |
Jun. 30 2023 |
-0.05 |
0.01 |
Beat |
Mar. 31 2023 |
0.04 |
-0.02 |
Missed |