Erste Group Bank Predicts Fast Retailing FY2028 Earnings

Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) – Stock analysts at Erste Group Bank issued their FY2028 earnings per share estimates for shares of Fast Retailing in a research report issued to clients and investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel expects that the company will post earnings of $1.34 per share for the year. Erste Group Bank has a “Hold” rating on the stock.

Fast Retailing Stock Down 2.6%

Fast Retailing stock opened at $47.15 on Tuesday. The stock has a 50-day simple moving average of $45.35 and a 200 day simple moving average of $45.45. Fast Retailing has a 12-month low of $33.82 and a 12-month high of $55.65.

Fast Retailing (OTCMKTS:FRCOY) last posted its quarterly earnings data on Thursday, October 8th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. The business 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.