Broadwind Inc expected to post a loss of 6 cents a share - Earnings Preview

Broadwind

10/05/2024 17:14

* Broadwind Inc  BWEN.OQ   BWEN.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 14 for the
period ending March 31 2024
    * The Cicero Illinois-based  company is expected to report a
28.5% decrease in revenue to $34.921 million from $48.87 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on March 5 2024, for
the period ended March 31, was for revenue between $34.00
million and $38.00 million.
    * ​LSEG's mean analyst estimate for Broadwind Inc is for a
loss
of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Broadwind
Inc is
$6.00​, above​ its last closing price of $2.14. ​​​

The company's guidance on March 5 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD34 million and USD2 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.02        0.01       0.05      Beat    900
 Sep. 30 2023              0.09       0.20      Beat    
 Jan. 1 0001   -0.01       0.00       0.07      Beat    ​
 Jan. 1 0001   -0.01       -0.05      0.04      Beat    175.8
 ​​Dec.        -0.14       -0.15                        7
 31 2022                                                
 Jan. 1 0001   -0.06       -0.06                        -39.5​
 Mar. 31 2022  -0.11       -0.11      -0.13     Missed  -19.3
 Mar. 31 2022  -0.15       -0.15      -0.12     Beat    19.3
 This summary was machine generated May 10 at 16:13 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)