FGI Industries Ltd reports results for the quarter ended December 31 - Earnings Summary

• FGI Industries Ltd FGI.OQ reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of two analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -3 cents tozero cents per share.

• Revenue rose 15% to $35.59 million from a year ago; analysts expected $33.09 million.

• FGI Industries Ltd's reported EPS for the quarter was a loss of 4 cents​.

• The company reported a quarterly loss of $402 thousand.

• FGI Industries Ltd shares had risen by 14.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the home improvement products & services retailers peer group is also "buy"

Wall Street's median 12-month price target for FGI Industries Ltd is $2.50

This summary was machine generated from LSEG data March 26 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING	ESTIMATE	ACTUAL	BEAT, MET, MISSED
Dec. 31 2024	-0.01	-0.07	Missed
Sep. 30 2024	0.03	-0.01	Missed
Jun. 30 2024	0.03	0.01	Missed
Mar. 31 2024	-0.02	-0.05	Missed