Stock Track | Jerash Holdings Soars 5.98% in Pre-market on Strong Q4 Earnings Beat and Dividend Announcement

Stock Track
Jun 15

Jerash Holdings (US), Inc. saw its stock surge 5.98% during pre-market trading on Monday, following the release of its fiscal fourth-quarter financial results.

The company reported quarterly earnings of $0.12 per share, significantly beating the analyst consensus estimate of a loss of $(0.01) per share. Revenue for the quarter reached $42.897 million, exceeding estimates and marking a 46.65% increase year-over-year. Additionally, the company declared a quarterly dividend of $0.05 per share.

For the full fiscal year 2026, Jerash Holdings achieved record revenue of $166.3 million and turned to a net income of $3.6 million. The company also provided a positive outlook, forecasting revenue growth of 20%-22% for the first quarter of fiscal 2027 and outlining capacity expansion plans.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10