FY2027 EPS Forecast for Fast Retailing Lowered by Analyst

Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) – Research analysts at Erste Group Bank reduced their FY2027 earnings per share estimates for Fast Retailing in a report released on Wednesday, October 21st. Erste Group Bank analyst H. Engel now anticipates that the company will earn $1.19 per share for the year, down from their previous forecast of $1.22. Erste Group Bank has a “Hold” rating on the stock.

Fast Retailing Price Performance

FRCOY stock 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) last issued its earnings results on Thursday, October 8th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.19 by $0.05. The firm 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.