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

• Jerash Holdings (US) Inc JRSH.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -25 cents. The mean expectation of two analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -2 cents to 4 cents per share.

• Revenue rose 35.6% to $29.25 million from a year ago; analysts expected $32.70 million.

• Jerash Holdings (US) Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $153 thousand.

• Jerash Holdings (US) Inc shares had fallen by 0.3% this quarter and lost 0.9% so far this year.

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."

• Wall Street's median 12-month price target for Jerash Holdings (US) Inc is $4.50, about 24.7% above its last closing price of $3.39

This summary was machine generated from LSEG data June 25 at 01:31 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)