GigaCloud Technology Projects $1.28 EPS and $394.8 Million Revenue for Upcoming Quarter

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Summary · why it matters

GigaCloud Technology Inc. is projected to report earnings per share of $1.28 for its forthcoming quarter, a 29.29% increase from the same quarter a year earlier, on revenue of $394.8 million, up 18.69%. For the full year, the Zacks Consensus Estimates project earnings of $4.92 per share and revenue of $1.59 billion, representing changes of +37.05% and +23.37%, respectively, from the preceding year. The Zacks Consensus EPS estimate has moved 17.7% higher within the past month, and GigaCloud Technology Inc. currently holds a Zacks Rank of #1 (Strong Buy). The stock closed the recent trading session at $54.66, a gain of 1.69%, and trades at a Forward P/E ratio of 10.93 versus an industry average of 15.91.

Impact on assets 1

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