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FGI Industries Ltd expected to post a loss of 1 cent a share - Earnings Preview

FGI Industries Ltd FGI.OQ FGI.O is expected to show a rise in quarterly revenue when it reports  results on March 26 for the period ending December 31 2024

The East Hanover New Jersey-based  company is expected to report a 6.9% increase in revenue to $33.091 million from $30.96 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 a loss of 1 cent per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "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 $2.50​, above​ its last closing price of $0.90. ​​​

This summary was machine generated March 24 at 20:27 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)

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