Figs Inc reports results for the quarter ended March 31 - Earnings Summary

• Figs Inc FIGS.N reported quarterly breakeven results​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of ten analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -1 cents to 1 cents per share.

• Revenue rose 4.7% to $124.90 million from a year ago; analysts expected $119.17 million.

• Figs Inc's reported EPS for the quarter was breakeven results​.

• The company reported a quarterly loss of $102 thousand.

• Figs Inc shares had risen by 6.5% this quarter and lost 21.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 111.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is also "hold"

• Wall Street's median 12-month price target for Figs Inc is $4.25

This summary was machine generated from LSEG data May 8 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)