Toughbuilt Industries Inc reports results for the quarter ended in September - Earnings Summary

Toughbuilt Industries

15/11/2022 02:32

* Toughbuilt Industries Inc  TBLT.OQ  reported quarterly
adjusted
earnings of 41 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was for a
loss of 93 cents per share.
    * Revenue rose 75.7% to $30.25 million from a year ago;
analysts
expected $20.50 million. 
    * Toughbuilt Industries Inc's reported EPS for the quarter
was 3
cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Toughbuilt Industries Inc shares had risen by 7.8% this
quarter and lost 96.0% so far this year.
    * The company reported quarterly net income of $539
thousand.
    * Wall Street's median 12-month price target for Toughbuilt
Industries Inc is $6.00 
    * 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." 

This summary was machine generated from Refinitiv data November
15 at 02:32 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.93          0.41           Beat
 Dec. 31 2021      -3.00          -18.00         Missed