GigaCloud Technology Inc. (GCT) Misses Q2 Earnings Estimates

GigaCloud Technology Inc. (GCT) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.45%. A quarter ago, it was expected that this company would post earnings of $0.51 per share when it actually produced earnings of $0.84, delivering a surprise of 64.71%.Over the last four quarters, the ...