Jerash Holdings (US) Inc expected to post a loss of 2 cents a share - Earnings Preview

Reuters
07 Feb
Jerash Holdings (US) Inc <jrsh.oq> expected to post a loss of 2 cents a share - Earnings Preview </jrsh.oq>
  • Jerash Holdings (US) Inc JRSH.OQ JRSH.O is expected to show a rise in quarterly revenue when it reports results on February 11 for the period ending December 31 2024

  • The Fairfield New Jersey-based company is expected to report a 36.8% increase in revenue to $37.65 million from $27.52 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Jerash Holdings (US) Inc is for a loss of 2 cents per share.

  • 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 textiles & leather goods peer group is also "Buy".​

  • Wall Street's median 12-month price target for Jerash Holdings (US) Inc is $4.50​, above​ its last closing price of $3.44. ​​​

This summary was machine generated February 7 at 14:28 GMT. 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)

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