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

Jerash Holdings (US)

09/08/2023 15:19

* Jerash Holdings (US) Inc  JRSH.OQ  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 2 cents per share.
    * Revenue rose 3.9% to $34.74 million from a year ago;
analysts
expected $31.25 million. 
    * Jerash Holdings (US) Inc's reported EPS for the quarter
was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 87.5%
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 fallen by 3.0% this
quarter and lost 7.2% so far this year.
    * The company reported quarterly net income of $496
thousand.
    * Wall Street's median 12-month price target for Jerash
Holdings
(US) Inc is $6.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 02:18 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.02           0.04           Beat
 Mar. 31 2023      0.02           -0.16          Missed
 Dec. 31 2022      0.09           0.07           Missed
 Sep. 30 2022      0.19           0.14           Missed