Jerash Holdings Approved to Acquire 184,000 Sq Ft Manufacturing Building for $3.4M
Jerash Holdings received approval from the Housing Bank for Trade and Finance to acquire an approximate 184,000 square-foot, bank-owned manufacturing building and associated land adjacent to its existing facilities in Amman, Jordan, for around $3.4M The Company committed a $0.6M down payment, with the Housing Bank financing the remaining $2.8M of the acquisition over an eight-year period, with the first principal payment due from Jerash in February 2027. Jerash plans to invest an additional approximate $5M to renovate the property and for the purchase of advanced manufacturing equipment to establish its new flagship production complex. This strategic investment is expected to allow Jerash to increase its manufacturing capacity by at least 40 percent and support increasing demand from existing customers, while enabling the Company to pursue new business opportunities. Renovations are anticipated to be completed before the end of 2026. Once operational, the new facility is expected to gradually employ up to approximately 2,500 workers, as demand and order volumes increase. Recruiting efforts will begin before renovations are completed and prior to the installation of new equipment, ensuring the facility can ramp up operations quickly upon completion.
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DA Davidson Maintains Buy on Jerash Holdings (US), Maintains $4 Price Target
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders, providing real-time intelligence to help them succeed in the stock market.
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Jerash: Fiscal Q4 Earnings Snapshot
Company Financial Performance: Jerash Holdings (US), Inc. reported a loss of $153,000 in its fiscal fourth quarter, with revenue of $29.3 million, and an annual loss of $848,000 on revenue of $145.8 million.
Future Revenue Expectations: For the upcoming quarter ending in June, Jerash anticipates revenue between $38 million to $40 million.
FactSet Research, Commercial Metals And 3 Stocks To Watch Heading Into Monday
Earnings Reports Anticipated: U.S. stock futures are lower, with companies like FactSet Research Systems and Commercial Metals expected to report quarterly earnings today, while AGM Group Holdings has regained Nasdaq compliance, leading to a significant rise in its stock price.
Market Reactions: After-hours trading saw mixed results for various stocks, with Jerash Holdings and Commercial Metals gaining, while FactSet and KB Home experienced slight declines.
JERASH HOLDINGS (US Earnings Preview: Recent $JRSH Insider Trading, Hedge Fund Activity, and More
Earnings Release: JERASH HOLDINGS (US) is set to announce its quarterly earnings on June 23rd, with analysts predicting revenue of $33.35 million and earnings of $0.01 per share.
Investor Activity: In the latest quarter, 9 institutional investors increased their holdings in JERASH HOLDINGS while 4 reduced their positions.
Jerash Holdings (US) Inc (JRSH) Q4 2025 Earnings Report Preview: What To Look For
Earnings Release and Estimates: Jerash Holdings (US) Inc is set to release its Q4 2025 earnings on June 23, 2025, with revenue estimates at $32.70 million and earnings at $0.01 per share. The full year 2025 revenue is expected to be $149.23 million, with earnings projected at -$0.05 per share.
Analyst Recommendations and Price Targets: Analysts have an average target price of $4.50 for Jerash Holdings, indicating a potential upside of approximately 37.61% from the current price of $3.27, with a consensus recommendation rating of "Outperform."
Jerash Holdings files for $100M mixed securities shelf
Jerash Holdings Filing: Jerash Holdings has filed for a $100 million mixed securities shelf, indicating potential future offerings but clarifying that this prospectus is not an offer to sell.
Revenue Growth Projection: The company anticipates a revenue growth of 50%-53% in Q4 2025, driven by capacity expansion, and has reported its Q3 results while providing outlooks for Q4 and Q1.
DA Davidson Maintains Buy on Jerash Holdings (US), Maintains $4 Price Target
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders, providing real-time intelligence to help them succeed in the stock market.
Community and Exclusivity: Joining Benzinga Pro connects users with over 10,000 serious traders and grants access to exclusive stories and insights from Benzinga reporters.
Jerash: Fiscal Q4 Earnings Snapshot
Company Financial Performance: Jerash Holdings (US), Inc. reported a loss of $153,000 in its fiscal fourth quarter, with revenue of $29.3 million, and an annual loss of $848,000 on revenue of $145.8 million.
Future Revenue Expectations: For the upcoming quarter ending in June, Jerash anticipates revenue between $38 million to $40 million.
FactSet Research, Commercial Metals And 3 Stocks To Watch Heading Into Monday
Earnings Reports Anticipated: U.S. stock futures are lower, with companies like FactSet Research Systems and Commercial Metals expected to report quarterly earnings today, while AGM Group Holdings has regained Nasdaq compliance, leading to a significant rise in its stock price.
Market Reactions: After-hours trading saw mixed results for various stocks, with Jerash Holdings and Commercial Metals gaining, while FactSet and KB Home experienced slight declines.
JERASH HOLDINGS (US Earnings Preview: Recent $JRSH Insider Trading, Hedge Fund Activity, and More
Earnings Release: JERASH HOLDINGS (US) is set to announce its quarterly earnings on June 23rd, with analysts predicting revenue of $33.35 million and earnings of $0.01 per share.
Investor Activity: In the latest quarter, 9 institutional investors increased their holdings in JERASH HOLDINGS while 4 reduced their positions.
Jerash Holdings (US) Inc (JRSH) Q4 2025 Earnings Report Preview: What To Look For
Earnings Release and Estimates: Jerash Holdings (US) Inc is set to release its Q4 2025 earnings on June 23, 2025, with revenue estimates at $32.70 million and earnings at $0.01 per share. The full year 2025 revenue is expected to be $149.23 million, with earnings projected at -$0.05 per share.
Analyst Recommendations and Price Targets: Analysts have an average target price of $4.50 for Jerash Holdings, indicating a potential upside of approximately 37.61% from the current price of $3.27, with a consensus recommendation rating of "Outperform."
Jerash Holdings files for $100M mixed securities shelf
Jerash Holdings Filing: Jerash Holdings has filed for a $100 million mixed securities shelf, indicating potential future offerings but clarifying that this prospectus is not an offer to sell.
Revenue Growth Projection: The company anticipates a revenue growth of 50%-53% in Q4 2025, driven by capacity expansion, and has reported its Q3 results while providing outlooks for Q4 and Q1.
