Fast Retailing Co., Ltd. (OTCMKTS:FRCOY – Free Report) – Analysts at Erste Group Bank decreased their FY2027 EPS estimates for Fast Retailing in a research note issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings per share of $1.19 for the year, down from their prior forecast of $1.22. Erste Group Bank has a “Hold” rating on the stock.
Fast Retailing Price Performance
Shares of OTCMKTS FRCOY opened at $46.90 on Wednesday. Fast Retailing has a 12-month low of $33.82 and a 12-month high of $55.65. The stock’s 50 day simple moving average is $45.33 and its 200 day simple moving average is $45.50.
Fast Retailing (OTCMKTS:FRCOY – Get Free Report) last issued its earnings results on Thursday, October 8th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. The company had revenue of $5.68 billion during the quarter, compared to analyst estimates of $5.77 billion.
About Fast Retailing
Fast Retailing Co, Ltd. is a Japanese apparel company best known as the parent company of UNIQLO, a global retailer of casual clothing and accessories. Through UNIQLO, the company develops and sells functional, everyday apparel for men, women and children, including basics, outerwear, activewear and seasonal collections.
Fast Retailing also operates other fashion brands, including GU, Theory, PLST and Helmut Lang. Its business includes product planning, design, procurement, manufacturing oversight, distribution and retailing through stores and e-commerce channels.
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