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

Figs

29/02/2024 05:06

* Figs Inc  FIGS.N  reported quarterly adjusted earnings of
5
cents​​ per share for the quarter ended in December, identical
to the same quarter last year.  The mean expectation of
ten analysts for the quarter was for earnings of 2 cents per
share. Wall Street expected results to range from -1 cents to 4
cents per share.
    * Revenue rose 0% to $144.92 million from a year ago;
analysts
expected $149.58 million. 
    * Figs Inc's reported EPS for the quarter was 5 cents​.
    * The company reported quarterly net income of $10 million.
    * Figs Inc shares had fallen by 13.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.7%
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 5 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is  "hold."

Wall Street's median 12-month price target for Figs Inc is $8.50
This summary was machine generated from LSEG data February 29 at
05:05 a.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
 Dec. 31 2023      0.02           0.05           Beat
 Sep. 30 2023      0.02           0.03           Beat
 Jun. 30 2023      0.01           0.02           Beat
 Mar. 31 2023      0.00           0.01           Beat