Jerash Holdings Inc. (NASDAQ:JRSH) stock surged Tuesday after the apparel manufacturer reported stronger-than-expected fourth-quarter 2026 results and issued first-quarter revenue guidance that topped Wall Street estimates.
Fourth-Quarter Results Beat Expectations
Jerash reported fourth-quarter earnings of 12 cents per share, compared with the analyst consensus estimate for a loss of 1 cent.
Revenue rose to $42.9 million from $29.3 million a year earlier, exceeding the consensus estimate of $36.2 million.
The company manufactures customized sportswear and outerwear for major U.S. retailers, including Walmart Inc. and Costco Wholesale Corp.
