FGI Industries Ltd reports results for the quarter ended June 30 - Earnings Summary
FGI Industries Ltd reports results for the quarter ended June 30 - Earnings Summary
FGI Industries Ltd FGI.OQ reported quarterly adjusted earnings of 60 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -61 cents. The mean expectation of two analysts for the quarter was for earnings of 43 cents per share.
Revenue rose 2.9% to $31.89 million from a year ago; analysts expected $33.85 million.
FGI Industries Ltd's reported EPS for the quarter was 65 cents.
The company reported quarterly net income of $1.3 million.
FGI Industries Ltd shares had risen by 6.8% this quarter and lost 20.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.3% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the home furnishings peer group is also "buy"
Wall Street's median 12-month price target for FGI Industries Ltd is $7.50, about 36.9% above its last closing price of $4.73
This summary was machine generated from LSEG data August 12 at 10:24 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.43 | 0.60 | Beat |
Mar. 31 2026 | -0.60 | -0.39 | Beat |
Dec. 31 2025 | -0.38 | -0.29 | Beat |
Sep. 30 2025 | 0.08 | 0.13 | Beat |