FY2027 Earnings Forecast for Fitell Issued By Zacks Research

Fitell Corp (NASDAQ:GMEX) – Investment analysts at Zacks Research issued their FY2027 earnings per share (EPS) estimates for Fitell in a research note issued on Thursday, October 8th. Zacks Research analyst M. Marin forecasts that the company will post earnings per share of ($18.31) for the year. Zacks Research also issued estimates for Fitell’s FY2028 earnings at ($4.57) EPS.

GMEX has been the topic of several other research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Fitell in a research note on Friday, July 24th. Wall Street Zen cut shares of Fitell from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 25th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Fitell presently has a consensus rating of “Sell”.

Fitell Stock Up 22.2%

NASDAQ GMEX opened at $2.09 on Wednesday. The stock’s fifty day moving average price is $6.32. Fitell has a 52 week low of $1.55 and a 52 week high of $22,225.94.

About Fitell

Founded in 2007 and headquartered in New South Wales, Australia, GD Wellness Pty Ltd (“GD”) is a wholly owned subsidiary of Fitell Corporation, a Cayman Islands company (together with its subsidiaries, “Fitell,”). We are an online retailer of gym and fitness equipment both under our proprietary brands and other brand names. Fitell’s mission is to build an ecosystem with a whole fitness and wellness experience powered by technology to our customers. GD has served over 100,000 customers with large portions of sales from repeat customers over the years, which we believe to be a testament of our product quality and brand loyalty.