Figs Inc expected to post earnings of 2 cents a share - Earnings Preview

Figs

27/02/2024 01:18

* Figs Inc  FIGS.N   FIGS.K  is expected to show a rise in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Santa Monica California-based  company is expected to
report
a 3.2% increase in revenue to $149.58 million from $144.9
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Figs Inc is for earnings
of 2
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and 1 "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 Figs Inc is
$8.50​, above​ its last closing price of $5.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.03        0.02       0.03      Beat    30.4
 Jun. 30 2023  0.01        0.01       0.02      Beat    140.1
 Mar. 31 2023  0.01        0.00       0.01      Beat    223.5​
 Dec. 31 2022  0.01        0.01       0.05      Beat    504.6
 ​​Sep.        0.02        0.02       0.02      Met     -2.4
 30 2022                                                
 Jun. 30 2022  0.02        0.02       0.03      Beat    76.5​
 Mar. 31 2022  0.07        0.06       0.05      Missed  -21.1
 Dec. 31 2021  0.04        0.03       0.09      Beat    207.3
 This summary was machine generated February 27 at 01:17 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)