Figs Inc reports results for the quarter ended September 30 - Earnings Summary

Figs

08/11/2024 21:02

* Figs Inc  FIGS.N  reported a quarterly adjusted loss of 1
cent​​
per share for the quarter ended September 30, lower than the
same quarter last year, when the company reported EPS of 3
cents.  The mean expectation of eleven analysts for the quarter
was for a loss of one cent per share. Wall Street expected
results to range from -3 cents to 1 cents per share.
    * Revenue fell 1.5% to $140.21 million from a year ago;
analysts
expected $143.14 million. 
    * Figs Inc's reported EPS for the quarter was a loss of 1
cent​.
    * The company reported a quarterly loss of $1.7 million.
    * Figs Inc shares had fallen by 2.5% this quarter and
lost 4.0% 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 $5.50
This summary was machine generated from LSEG data November 8 at
09:02 p.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
 Sep. 30 2024      -0.01          -0.01          Met
 Jun. 30 2024      0.00           0.01           Beat
 Mar. 31 2024      0.00           0.01           Beat
 Dec. 31 2023      0.02           0.05           Beat