Analysts Set Expectations for Fast Retailing FY2027 Earnings

Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) – Equities researchers at Erste Group Bank cut their FY2027 earnings per share (EPS) estimates for Fast Retailing in a report released on Thursday, August 27th. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings of $1.18 per share for the year, down from their prior forecast of $1.19.

A number of other research analysts have also commented on the company. Sanford C. Bernstein began coverage on Fast Retailing in a report on Tuesday, May 26th. They issued an “outperform” rating on the stock. Zacks Research cut shares of Fast Retailing from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Fast Retailing Price Performance

OTCMKTS:FRCOY opened at $45.02 on Tuesday. The stock has a 50 day simple moving average of $49.22 and a 200 day simple moving average of $46.57. Fast Retailing has a 1-year low of $29.25 and a 1-year high of $55.65.

Fast Retailing (OTCMKTS:FRCOY) last posted its earnings results on Thursday, July 9th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.24 by $0.06. The firm had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6 billion.

Fast Retailing Company Profile

Fast Retailing Co, Ltd. is a Japanese retail holding company best known as the parent of Uniqlo, one of the world’s leading casual apparel brands. Headquartered in Yamaguchi Prefecture, Japan, Fast Retailing focuses on the design, manufacture and global distribution of everyday wear for men, women and children. Its core business centers on accessible, high-quality basics that blend functionality with minimalist styling, underpinned by proprietary fabric technologies such as HEATTECH and AIRism.

The company traces its roots to a men’s clothing shop founded by Tadashi Yanai’s family in 1963.