FGI Industries Ltd expected to post earnings of 4  cents a share - Earnings Preview

FGI Industries

09/05/2023 03:02

* FGI Industries Ltd  FGI.OQ   FGI.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 10. 
    * The East Hanover New Jersey-based  company is expected to
report
 a 23.0% decrease in revenue to $33.57 million from $43.58
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for FGI Industries Ltd
is for
earnings of 4 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 $1.73. ​​​

This summary was machine generated May 9 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated