Broadwind Inc reports results for the quarter - Earnings Summary

Broadwind

13/11/2024 15:17

* Broadwind Inc  BWEN.OQ  reported quarterly breakeven
results​​
per share for the quarter , lower than the same quarter last
year, when the company reported EPS of 20 cents.  The mean
expectation of four analysts for the quarter was for a loss of 3
cents per share. Wall Street expected results to range from -4
cents to -3 cents per share.
    * Revenue fell 37.9% to $35.50 million from a year ago;
analysts
expected $36.80 million. 
    * Broadwind Inc's reported EPS for the quarter was breakeven
results​.
    * The company reported quarterly net income of $74 thousand.
    * Broadwind Inc shares had fallen by 25.6% this quarter and
lost 39.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 194.2% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the renewable
energy
equipment & services peer group is also "buy"

Wall Street's median 12-month price target for Broadwind Inc is
4.50 
This summary was machine generated from LSEG data November 13 at
03:16 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.03          0.00           Beat
 Jun. 30 2024      0.01           0.02           Beat
 Mar. 31 2024      -0.06          0.07           Beat
 Dec. 31 2023      0.01           0.05           Beat