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

Figs

04/05/2023 23:24

* Figs Inc  FIGS.N  reported quarterly adjusted earnings of
1
cent​​ per share for the quarter ended in March. The mean
expectation of twelve analysts for the quarter was for breakeven
results per share.
    * Revenue rose 9.2% to $120.23 million from a year ago;
analysts
expected $112.58 million. 
    * Figs Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 83%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Figs Inc shares had risen by 16.0% this quarter and
gained 6.7%
so far this year.
    * The company reported quarterly net income of $1.91
million.
    * Wall Street's median 12-month price target for Figs Inc is
$9.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 10:24 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.00           0.01           Beat
 Dec. 31 2022      0.01           0.05           Beat
 Sep. 30 2022      0.02           0.02           Met
 Jun. 30 2022      0.02           0.03           Beat