Broadwind Inc reports results for the quarter ended in June - Earnings Summary

Broadwind

14/08/2023 14:32

* Broadwind Inc  BWEN.OQ  reported quarterly adjusted
earnings of
7 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for breakeven
results per share.
    * Revenue rose 1.7% to $50.84 million from a year ago;
analysts
expected $48.35 million. 
    * Broadwind Inc's reported EPS for the quarter was 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 42.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Broadwind Inc shares had fallen by 12.3% this quarter and
gained 87.2% so far this year.
    * The company reported quarterly net income of $1.42
million.
    * Wall Street's median 12-month price target for Broadwind
Inc is
$8.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.00           0.07           Beat
 Mar. 31 2023      -0.05          0.04           Beat
 Dec. 31 2022      -0.15          -0.14          Beat
 Sep. 30 2022      -0.06          -0.09          Missed