What to Expect From FGI Industries's Earnings
What to Expect From FGI Industries's Earnings
FGI Industries (NASDAQ:FGI) is preparing to release its quarterly earnings on Monday, 2024-11-11. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect FGI Industries to report an earnings per share (EPS) of $0.03.
Anticipation surrounds FGI Industries's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings History Snapshot
Last quarter the company missed EPS by $0.02, which was followed by a 3.83% increase in the share price the next day.
Here's a look at FGI Industries's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.03 | -0.02 | 0.07 | 0.13 |
| EPS Actual | 0.01 | -0.05 | 0.06 | 0.05 |
| Price Change % | 4.0% | -10.0% | 8.0% | 2.0% |
Stock Performance
Shares of FGI Industries were trading at $0.93 as of November 07. Over the last 52-week period, shares are down 38.67%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for FGI Industries visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
