Recap: FGI Industries Q4 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


FGI Industries (NASDAQ:FGI) reported its Q4 earnings results on Wednesday, March 20, 2024 at 05:13 PM.

Here's what investors need to know about the announcement.

Earnings

FGI Industries missed estimated earnings by -14.000000000000002%, reporting an EPS of $0.06 versus an estimate of $0.07.

Revenue was down $833 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 2.0% increase in the share price the next day.

Here's a look at FGI Industries's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate0.13-0.050.040.12
EPS Actual0.050.01-0.020.11
Revenue Estimate31.64M30.23M33.57M35.70M
Revenue Actual29.93M29.19M27.16M31.79M

To track all earnings releases for FGI Industries visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsBZI-Recaps