Toughbuilt Industries Inc expected to post a loss of 87 cents a share - Earnings Preview

Toughbuilt Industries

30/12/2022 21:07

* Toughbuilt Industries Inc  TBLT.OQ   TBLT.O  is expected
to show
a fall in quarterly revenue when it reports  results on January
2 (estimated). 
    * The Lake Forest California-based  company is expected to
report 
a 12.9% decrease in revenue to $21.5 million from $24.67 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 87 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * 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 $6​, above​ its last closing price of $1.98.
​​​

This summary was machine generated December 30 at 21:06 GMT. 
All figures in US dollars  unless otherwise stated