Jerash Holdings (US) Inc reports results for the quarter ended December 31 - Earnings Summary

• Jerash Holdings (US) Inc JRSH.OQ reported quarterly breakeven results​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of two analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -3 cents to -1 cents per share.

• Revenue rose 28.6% to $35.38 million from a year ago; analysts expected $37.65 million.

• Jerash Holdings (US) Inc's reported EPS for the quarter was breakeven results​.

• The company reported a quarterly loss of $5.81 thousand.

• Jerash Holdings (US) Inc shares had risen by 6.7% 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 textiles & leather goods peer group is also "buy"

Wall Street's median 12-month price target for Jerash Holdings (US) Inc is $4.50

This summary was machine generated from LSEG data February 11 at 03:55 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)