Earnings Beat: GigaCloud Technology Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]
GigaCloud Technology Inc (GCT)
Company Research
Source: Yahoo! Finance
It was overall a positive result, with revenues beating expectations by 8.1% to hit US$303m. GigaCloud Technology also reported a statutory profit of US$0.98, which was an impressive 47% above what the analysts had forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. View our latest analysis for GigaCloud Technology Taking into account the latest results, the consensus forecast from GigaCloud Technology's five analysts is for revenues of US$1.31b in 2025. This reflects a notable 18% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 21% to US$3.85. Before this earnings report, the analysts had been forecasting revenues of US$1.33b and earnings per s
Show less
Read more
Impact Snapshot
Event Time:
GCT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GCT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GCT alerts
High impacting GigaCloud Technology Inc news events
Weekly update
A roundup of the hottest topics
GCT
News
- GigaCloud Technology Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- GigaCloud Technology Inc Welcomes Industry Veteran Marshall Bernes to BoardGlobeNewswire
- GigaCloud Technology Inc. (GCT) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- GigaCloud Technology Inc (GCT) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic ... [Yahoo! Finance]Yahoo! Finance
- US Growth Companies With High Insider Ownership In November 2024 [Yahoo! Finance]Yahoo! Finance
GCT
Earnings
- 11/7/24 - Beat
GCT
Sec Filings
- 11/13/24 - Form 8-K
- 11/8/24 - Form 144
- 11/8/24 - Form SC
- GCT's page on the SEC website