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

Toughbuilt Industries

12/11/2021 21:30

* Toughbuilt Industries Inc  TBLT.OQ   TBLT.O  is expected
to show a rise in quarterly revenue when it reports  results on
November 15. 
* 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 66.4% above​ its last closing
price of $0.50. ​​​
This summary was machine generated November 12 at 21:30 GMT. 
All figures in US dollars  unless otherwise stated