Figs Inc reports results for the quarter ended in December - Earnings Summary

Figs

28/02/2023 22:50

* Figs Inc  FIGS.N  reported quarterly adjusted earnings of
5
cents​​ per share for the quarter ended in December. The mean
expectation of twelve analysts for the quarter was for earnings
of one cent per share.
    * Revenue rose 12.6% to $144.90 million from a year ago;
analysts
expected $135.43 million. 
    * Figs Inc's reported EPS for the quarter was 2 cents​.
    * The mean earnings estimate of analysts had risen by
about 13.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Figs Inc shares had risen by 34.0% this quarter.
    * The company reported quarterly net income of $3.39
million.
    * Wall Street's median 12-month price target for Figs Inc is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 10:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.01           0.05           Beat
 Sep. 30 2022      0.02           0.02           Met
 Jun. 30 2022      0.02           0.03           Beat
 Mar. 31 2022      0.06           0.05           Missed