GigaCloud Technology Inc expected to post earnings of 58 cents a share - Earnings Preview

GigaCloud Technology

13/03/2024 12:48

* GigaCloud Technology Inc  GCT.OQ   GCT.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 15
for the period ending December 31 2023
    * The  Hong Kong-based   company is expected to report a
78.5% increase in revenue to $224.15 million from $125.6 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for GigaCloud Technology Inc
is
for earnings of 58 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for GigaCloud
Technology Inc is $29.00​, below​ its last closing price
of $36.84. ​​​

This summary was machine generated March 13 at 12:48 GMT.  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)