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

Gulf Island Fabrication

11/05/2022 19:25

* Gulf Island Fabrication Inc  GIFI.OQ  reported a quarterly
adjusted loss of 32 cents​​ per share for the quarter ended in
March. The lone analyst forecast for the quarter was for a loss
of 17 cents per share.
    * Revenue fell 51.3% to $28.69 million from a year ago; 
analysts
expected $17.64 million. 
    * The mean earnings estimate of analysts had risen by
about 22.7%
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 5.9% this
quarter and lost 8.0% so far this year.
    * 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 May 11 at 06:25 p.m.  ​All
figures in US dollars unless otherwise stated