Reported 2 days ago
GigaCloud Technology Inc. (GCT) has gained attention from investors, suffering a -11.9% decline over the past month as compared to the S&P 500's -7.7%. With upcoming quarterly earnings expected to show a significant drop, analysts are closely monitoring earnings estimate revisions, which influence stock valuations. For the current quarter, GCT is projected to earn $0.46 per share, indicating a change of -45.2% year-over-year, while revenue estimates for the next fiscal years suggest modest growth. The company's Zacks Rank of #3 indicates it may perform in line with the market.
Source: YAHOO