FGI Industries FGI reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
FGI Industries missed estimated earnings by 150.0%, reporting an EPS of $-0.02 versus an estimate of $0.04.
Revenue was down $16.41 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 10.26% increase in the share price the next day.
Here's a look at FGI Industries's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | 0.12 | 0.1 | 0.11 |
| EPS Actual | 0.11 | 0.11 | 0.1 | 0.07 |
| Revenue Estimate | 35.70M | 46.54M | 45.02M | 44.00M |
| Revenue Actual | 31.79M | 38.54M | 47.81M | 43.58M |
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.
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