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

Jerash Holdings (US)

10/11/2022 15:56

* Jerash Holdings (US) Inc  JRSH.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 19 cents per share.
    * Revenue fell 17.3% to $37.83 million from a year ago;
analysts
expected $42.20 million. 
    * Jerash Holdings (US) Inc's reported EPS for the quarter
was 14
cents​.
    * The mean earnings estimate of analysts was unchanged 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 5.2% this
quarter and lost 37.9% so far this year.
    * The company reported quarterly net income of $1.79
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 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 03:56 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.19           0.14           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