FGI Industries (NASDAQ:FGI) Releases Earnings Results, Misses Estimates By $0.04 EPS

FGI Industries (NASDAQ:FGI) announced its earnings results on Wednesday. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.04), Zacks reports. FGI Industries had a positive return on equity of 0.35% and a negative net margin of 0.27%. The business had revenue of $35.59 million during the quarter, compared to analyst estimates of $33.09 million. FGI Industries updated its FY 2025 guidance to EPS.

FGI Industries Stock Performance

FGI Industries stock opened at $0.85 on Friday. The business’s fifty day moving average is $0.85 and its two-hundred day moving average is $0.84. The firm has a market cap of $8.08 million, a P/E ratio of -28.17 and a beta of 1.23. FGI Industries has a 52 week low of $0.70 and a 52 week high of $1.59.

FGI Industries Company Profile

FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, Europe, and internationally. The company sells sanitaryware products, such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry, medicine cabinets, and other storage systems; shower systems; and customer kitchen cabinetry and other accessory items under the Foremost, avenue, contrac, Jetcoat, rosenberg, and Covered Bridge Cabinetry brand names.