Jerash Holdings (US) Inc expected to post earnings of 5 cents a share - Earnings Preview

Jerash Holdings (US)

06/02/2024 15:45

* Jerash Holdings (US) Inc  JRSH.OQ   JRSH.O  is expected
to show
a fall in quarterly revenue when it reports  results on February
8 for the period ending December 31 2023
    * The Rochester New York-based  company is expected to
report a
14.4% decrease in revenue to $36.85 million from $43.03 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 earnings of 5 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 $5.00​, above​ its last closing price of $3.17. ​​​

This summary was machine generated February 6 at 15:45 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)