Toughbuilt Industries Inc expected to post a loss of 93 cents a share - Earnings Preview

Toughbuilt Industries

09/11/2022 03:08

* Toughbuilt Industries Inc  TBLT.OQ   TBLT.O  is expected
to show
a rise in quarterly revenue when it reports  results on November
11 (estimated). 
    * The Lake Forest California-based  company is expected to
report 
a 19.1% increase in revenue to $20.5 million from $17.22 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 93 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the appliances,
tools &
housewares peer group is also "Buy".​
    * Wall Street's median 12-month price target for Toughbuilt
Industries Inc is $6​, above​ its last closing price of $2.02.
​​​

This summary was machine generated November 9 at 03:08 GMT.  All
figures in US dollars  unless otherwise stated