FGI Industries Ltd expected to post a loss of 2 cents a share - Earnings Preview

FGI Industries

07/05/2024 03:09

* FGI Industries Ltd  FGI.OQ   FGI.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The East Hanover New Jersey-based  company is expected to
report
a 1.9% increase in revenue to $27.684 million from $27.16
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 2 cents 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 $2.75​, above​ its last closing price of $1.26. ​​​

This summary was machine generated May 7 at 02:09 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)