FGI Industries Ltd reports results for the quarter ended in December - Earnings Summary

FGI Industries

27/03/2023 22:01

* FGI Industries Ltd  FGI.OQ  reported quarterly adjusted
earnings
of 10 cents​​ per share for the quarter ended in December. The
mean expectation of two analysts for the quarter was
for earnings of 12 cents per share.
    * Revenue fell 39.1% to $31.79 million from a year ago;
analysts
expected $35.70 million. 
    * FGI Industries Ltd's reported EPS for the quarter was 7
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * FGI Industries Ltd shares had fallen by 12.6% this
quarter.
    * The company reported quarterly net income of $707
thousand.
    * Wall Street's median 12-month price target for FGI
Industries
Ltd is $5.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 27 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.12           0.10           Missed
 Sep. 30 2022      0.12           0.11           Missed
 Jun. 30 2022      0.10           0.10           Met
 Mar. 31 2022      0.09           0.05           Missed