Jerash Holdings (US) Inc expected to post a loss of 8 cents a share - Earnings Preview

Jerash Holdings (US)

25/06/2024 13:33

* Jerash Holdings (US) Inc  JRSH.OQ   JRSH.O  is expected
to show
a fall in quarterly revenue when it reports  results on June 27
for the period ending March 31 2024
    * The Fairfield New Jersey-based  company is expected to
report a
10.2% decrease in revenue to $21.35 million from $23.77 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Jerash Holdings (US) Inc
is
for a loss of 8 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 Jerash
Holdings
(US) Inc is $4.50​, above​ its last closing price of $3.02. ​​​

This summary was machine generated June 25 at 12:32 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)