FGI Industries Ltd expected to post a loss of 5 cents a share - Earnings Preview

FGI Industries

08/08/2023 03:02

* FGI Industries Ltd  FGI.OQ   FGI.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 9. 
    * The East Hanover New Jersey-based  company is expected to
report
 a 36.8% decrease in revenue to $30.23 million from $47.81
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for FGI Industries Ltd
is for
a loss of 5 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 $4.5​, above​ its last closing price of $1.82. ​​​

This summary was machine generated August 8 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated