FGI Industries Ltd expected to post earnings of 7 cents a share - Earnings Preview

FGI Industries

13/02/2024 23:01

* FGI Industries Ltd  FGI.OQ   FGI.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 15
(estimated) for the period ending December 31 2023
    * The East Hanover New Jersey-based  company is expected to
report
a 4.4% decrease in revenue to $30.405 million from $31.79
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 7 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 $1.64. ​​​

This summary was machine generated February 13 at 23:01 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)