Gulf Island Fabrication Inc reports results for the quarter ended in June - Earnings Summary

Gulf Island Fabrication

10/08/2022 24:02

* Gulf Island Fabrication Inc  GIFI.OQ  reported quarterly
adjusted earnings of 3 cents​​ per share for the quarter ended
in June. The lone analyst forecast for the quarter was for a
loss of 29 cents per share.
    * Revenue rose 47.9% to $35.90 million from a year ago;
analysts
expected $20.58 million. 
    * Gulf Island Fabrication Inc's reported EPS for the quarter
was 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 107.9% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Gulf Island Fabrication Inc shares had fallen by 2.4% this
quarter and lost 18.5% so far this year.
    * The company reported quarterly net income of $528
thousand.
    * Wall Street's median 12-month price target for Gulf Island
Fabrication Inc is $5.00 
    * 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." 

This summary was machine generated from Refinitiv data August 9
at 11:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.29          0.03           Beat
 Mar. 31 2022      -0.17          -0.32          Missed
 Dec. 31 2021      -0.28          -0.40          Missed
 Sep. 30 2021      -0.20          -0.24          Missed