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

Figs

09/08/2024 09:17

* Figs Inc  FIGS.N  reported quarterly adjusted earnings of
1
cent​​ per share for the quarter ended in January, lower than
the same quarter last year, when the company reported EPS of 2
cents.  The mean expectation of eleven analysts for the quarter
was for breakeven results per share. Wall Street expected
results to range from -1 cents to 1 cents per share.
    * Revenue rose 4.4% to $144.23 million from a year ago;
analysts
expected $142.26 million. 
    * Figs Inc's reported EPS for the quarter was 1 cent​.
    * The company reported quarterly net income of $1.1 million.
    * Figs Inc shares had risen by 7.3% this quarter and
lost 17.7% so
far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Figs Inc is $5.75
This summary was machine generated from LSEG data August 9 at
08:16 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
 Jan. 1 0001       0.00           0.01           Beat
 Mar. 31 2024      0.00           0.01           Beat
 Dec. 31 2023      0.02           0.05           Beat
 Sep. 30 2023      0.02           0.03           Beat