Jerash Holdings (US) Inc reports results for the quarter ended in June - Earnings Summary

Jerash Holdings (US)

11/08/2022 16:47

* Jerash Holdings (US) Inc  JRSH.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 13 cents per share.
    * Revenue rose 11.9% to $33.44 million from a year ago;
analysts
expected $34.24 million. 
    * Jerash Holdings (US) Inc's reported EPS for the quarter
was 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Jerash Holdings (US) Inc shares had risen by 24.2% this
quarter and lost 9.6% so far this year.
    * The company reported quarterly net income of $1.72
million.
    * Wall Street's median 12-month price target for Jerash
Holdings
(US) Inc is $10.00 
    * 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." 

This summary was machine generated from Refinitiv data August 11
at 03:46 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.13           0.14           Beat
 Mar. 31 2022      0.07           -0.01          Missed
 Dec. 31 2021      0.10           0.13           Beat
 Sep. 30 2021      0.35           0.39           Beat