Published on 15 Mar 2024 on Zacks via Yahoo Finance
GigaCloud Technology Inc. (GCT) Q4 Earnings and Revenues Top Estimates
GigaCloud Technology Inc. (GCT) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post earnings of $0.38 per share when it actually produced earnings of $0.59, delivering a surprise of 55.26%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.