Jerash Holdings (US) Inc expected to post earnings of 35 cents a share - Earnings Preview

Jerash Holdings (US)

09/11/2021 03:05

* Jerash Holdings (US) Inc  JRSH.OQ   JRSH.O  is expected
to show a rise in quarterly revenue when it reports  results on
November 10. 
* The Rochester, New York-based company is expected to report  a
65.6% increase in revenue to $44.846 million from $27.09 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Jerash Holdings (US)
Inc is for earnings of 35 cents per share. For the same quarter
last year, the company reported earnings of 23 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 $10​, about 26.8% above​ its last closing price
of $7.32. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.12        0.12       0.17      Beat    41.7
 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.        0.03        0.03       0.07      Beat    180
 30 2020                                                
 Mar. 31 2020              0.07       -0.07     Missed  -207.7
                                                        ​
 Dec. 31 2019  0.14        0.14       0.18      Beat    33
 Sep. 30 2019  0.41        0.41       0.33      Missed  -18.9
 This summary was machine generated November 9 at 03:05 GMT.  All
figures in US dollars unless otherwise stated