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

FGI Industries

09/11/2022 22:51

* FGI Industries Ltd  FGI.OQ  reported quarterly adjusted
earnings
of 11 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was
for earnings of 12 cents per share.
    * Revenue was $38.54 million​; analysts expected $46.54
million. 
    * FGI Industries Ltd's reported EPS for the quarter was 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 17.2%
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 risen by 36.5% this quarter.
    * The company reported quarterly net income of $1.27
million.
    * Wall Street's median 12-month price target for FGI
Industries
Ltd is $6.00 
    * 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 Refinitiv data November
9 at 10:51 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.17           0.15           Missed