FGI Industries Ltd expected to post earnings of 3 cents a share - Earnings Preview

FGI Industries

06/08/2024 03:06

* FGI Industries Ltd  FGI.OQ   FGI.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 7 for
the period ending June 30 2024
    * The East Hanover New Jersey-based  company is expected to
report
a 5.0% increase in revenue to $30.638 million from $29.19
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 3 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 $2.50​, above​ its last closing price of $0.85. ​​​

This summary was machine generated August 6 at 02:06 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)