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Broadwind Inc reports results for the quarter ended December 31 - Earnings Summary

Broadwind Inc BWEN.OQ reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 5 cents.  The mean expectation of three analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -9 cents to -6 cents per share.

Revenue fell 28% to $33.57 million from a year ago; analysts expected $31.90 million.

Broadwind Inc's reported EPS for the quarter was a loss of 4 cents​.

The company reported a quarterly loss of $914 thousand.

Broadwind Inc shares had fallen by 20.2% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.9% 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 3 "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 $3.25

This summary was machine generated from LSEG data March 5 at 06:34 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.07-0.04Beat
Sep. 30 2024-0.030.00Beat
Jun. 30 20240.010.02Beat
Mar. 31 2024-0.060.07Beat

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