Earnings Surprise Are On Cards For Jerash Holdings (US), Inc. (JRSH)?

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Jerash Holdings (US), Inc. (NASDAQ:JRSH) is reporting fourth quarter financial results on Monday 29th June 2020, before market open.

According to analysts surveyed by Thomson Reuters, JRSH is expected to report 4Q20 income of $ 0.06 per share from revenue of $ 16.90 million.

For the full year, analysts anticipate top line of $ 95.50 million, while looking forward to income of $ 0.69 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 95.00 million ~ $ 95.00 million

Stock Performance

According to the previous trading day, closing price of JRSH was $ 4.99, representing a 38.61 % increase from the 52 week low of $ 3.60 and a 36.84 % decrease over the 52 week high of $ 7.90.

The company has a market capital of $ 56.51 million and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.05 per share on May 15, 2020. The dividend were payable on June 2, 2020 to holders of record as of the close of business on May 26, 2020 and ex-dividend date on May 22, 2020.

Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear. The company offers jackets, polo shirts, crew neck shirts, pants, and shorts made from knitted fabric. It serves various brand-name retailers in the United States, Jordan, and internationally.