Jerash Holdings (US) Inc expected to post earnings of 12 cents a share - Earnings Preview

Jerash Holdings (US)

09/08/2021 14:04

* Jerash Holdings (US) Inc  JRSH.OQ   JRSH.O  is expected
to show a rise in quarterly revenue when it reports results on
August 11 (estimated). 
* The Rochester, New York-based company is expected to report 
 a 35.2% increase in revenue to $25.3 million from $18.71
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Jerash Holdings (US)
Inc is for earnings of 12 cents per share. For the same quarter
last year, the company reported earnings of 7 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by
about 17.6% in the last three months. ​
* Wall Street's median 12-month price target for Jerash Holdings
(US) Inc is $8.5​, about 8.4% above​ its last closing price
of $7.79. ​​​
* 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              0.10       0.06      Missed  -40
 Dec. 31 2020  0.03        0.04       0.01      Missed  -71.4
 Sep. 30 2020  0.15        0.15       0.23      Beat    53.3​
 Jun. 30 2020  0.03        0.03       0.07      Beat    180
 Mar.          ​           0.07       -0.07     Missed  -207.7
 31​ 2020​                                              ​
 Dec. 31 2019  0.14        0.14       0.18      Beat    33​
 Sep. 30 2019  0.41        0.41       0.33      Missed  -18.9
 Jun. 30 2019  0.20        0.20       0.14      Missed  -30.3
 This summary was machine generated August 9 at 13:04 GMT.  All
figures in US dollars unless otherwise stated