FGI Industries Q2 Adj. EPS $0.60 Beats $0.43 Estimate, Sales $31.885M Miss $33.852M Estimate
FGI Industries (NASDAQ:FGI) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.43 by 39.53 percent. This is a 198.36 percent increase over losses of $(0.61) per share from the
FGI made more profit per share than experts thought, which is good—but the company sold less stuff than expected, which is not so good. When a company beats on profits but misses on sales, watch to see if they can keep growing their actual business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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