Toughbuilt Industries Inc expected to post a loss of 5 cents a share - Earnings Preview

Toughbuilt Industries

01/11/2021 14:53

* Toughbuilt Industries Inc  TBLT.OQ   TBLT.O  is expected
to show a rise in quarterly revenue when it reports  results on
November 2 (estimated). 
* The Lake Forest, California-based company is expected to
report  a 0.5% increase in revenue to $16.75 million from $16.66
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Toughbuilt Industries
Inc is for a loss of 5 cents per share. For the same quarter
last year, the company reported breakeven results 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 Toughbuilt
Industries Inc is $1.5​, about 65.5% above​ its last closing
price of $0.52. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.06       -0.06      -0.09     Missed  -50
 Mar. 31 2021  -0.08       -0.08      -0.09     Missed  -12.5
 Dec. 31 2020              -0.08      -0.36     Missed  -350​
 Sep. 30 2020  -0.09       -0.09      0.00      Beat    100
 Jun.          -0.14​      -0.14      -0.11     Beat    21.4​
 30​ 2020​                                              
 Mar. 31 2020  -0.30       -0.30      -0.43     Missed  -43.3​
 Dec. 31 2019  -0.80       -0.80      -0.30     Beat    62.5
 This summary was machine generated November 1 at 14:53 GMT.  All
figures in US dollars unless otherwise stated