Gulf Island Fabrication Inc expected to post a loss of 23 cents a share - Earnings Preview

Gulf Island Fabrication

07/08/2021 24:49

* Gulf Island Fabrication Inc  GIFI.OQ   GIFI.O  is expected
to show a fall in quarterly revenue when it reports results on
August 10. 
* The Houston, Texas-based company is expected to report   a
42.6% decrease in revenue to $34.429 million from $59.97 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
​* Refinitiv's mean analyst estimate for Gulf Island Fabrication
Inc is for a loss of 23 cents per share. For the same quarter
last year, the company reported a loss of 36 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"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 Gulf Island
Fabrication Inc is $4​, about 10.5% below​ its last closing
price of $4.42. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.26       -0.26      0.31      Beat    218.3
 Dec. 31 2020              -0.24      -1.01     Missed  -320.8
 Sep. 30 2020  -0.24       -0.24      -0.81     Missed  -237.5
                                                        ​
 Jun. 30 2020              -0.30      -0.36     Missed  -18
 Mar.          -0.33​      -0.33      0.39      Beat    218.9​
 31​ 2020​                                              
 Dec. 31 2019  -0.18       -0.18      -2.26     Missed  -1,135
                                                        ​
 Sep. 30 2019              0.00       -0.44     Missed  
 Jun. 30 2019  -0.11       -0.11      -0.34     Missed  -209.1
 This summary was machine generated August 6 at 23:49 GMT.  All
figures in US dollars unless otherwise stated