Toughbuilt Industries Inc expected to post a loss of 8  cents a share - Earnings Preview

Toughbuilt Industries

11/05/2021 15:50

* Toughbuilt Industries Inc  TBLT.OQ   TBLT.O  is expected
to show a rise in quarterly revenue when it reports results on
May 12 (estimated) .
* The Lake Forest, California-based company is expected to
report   a 117.4% increase in revenue to $8.5 million from $3.91
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Toughbuilt Industries
Inc is for a loss of 8 cents per share. For the same quarter
last year, the company reported a loss of 43 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "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 $2​, about 65.4% above​ its last closing price
of $0.69. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020              -0.08      -0.36     Missed  -350
 Sep. 30 2020  -0.09       -0.09      0.00      Beat    100
 Jun. 30 2020  -0.14       -0.14      -0.11     Beat    21.4​
 Mar. 31 2020  -0.30       -0.30      -0.43     Missed  -43.3
 Dec.          -0.80​      -0.80      -0.30     Beat    62.5​
 31​ 2019​                                              
                                                        ​
 This summary was machine generated May 11 at 14:50 GMT.  All
figures in US dollars unless otherwise stated