Jerash Holdings (US) Inc expected to post earnings of 7  cents a share - Earnings Preview

Jerash Holdings (US)

17/06/2022 13:43

* Jerash Holdings (US) Inc  JRSH.OQ   JRSH.O  is expected
to show
a rise in quarterly revenue when it reports  results on June 21
(estimated). 
    * The Rochester New York-based  company is expected to
report  a
26.9% increase in revenue to $30.136 million from $23.76 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Jerash Holdings
(US) Inc
is for earnings of 7 cents per share. For the same quarter last
year, the company reported earnings of 6 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $11​, above​ its last closing price of $5.50. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.10        0.10       0.13      Beat    30
 Sep. 30 2021  0.34        0.35       0.39      Beat    13
 Jun. 30 2021  0.12        0.12       0.17      Beat    41.7​
 Mar. 31 2021              0.10       0.06      Missed  -40
 ​​Dec.        0.03        0.04       0.01      Missed  -71.4
 31 2020                                                
 Sep. 30 2020  0.15        0.15       0.23      Beat    53.3​
 Jun. 30 2020  0.03        0.03       0.07      Beat    180
 Mar. 31 2020              0.07       -0.07     Missed  -207.7
 This summary was machine generated June 17 at 12:43 GMT.  All
figures in US dollars  unless otherwise stated