Fulgent Genetics Inc expected to post earnings of $3.86 a share - Earnings Preview

Fulgent Genetics

30/04/2022 03:05

* Fulgent Genetics Inc  FLGT.OQ   FLGT.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 3. 
    * The Temple City California-based  company is expected to
report 
a 24.6% decrease in revenue to $270.85 million from $359.43
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Fulgent Genetics
Inc is
for earnings of $3.86 per share. For the same quarter last year,
the company reported earnings of $6.59 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Fulgent
Genetics
Inc is $104​, above​ its last closing price of $54.88. ​​​

This summary was machine generated April 30 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated