iSun Inc reports results for the quarter ended in December - Earnings Summary

iSun

17/04/2024 10:52

* iSun Inc  ISUN.OQ  reported a quarterly adjusted loss
of 11
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -12
cents.  The mean expectation of three analysts for the quarter
was for a loss of 4 cents per share. Wall Street expected
results to range from -6 cents to -3 cents per share.
    * Revenue fell 1.7% to $25.41 million from a year ago;
analysts
expected $28.05 million. 
    * iSun Inc's reported EPS for the quarter was a loss of 38
cents​.
    * The company reported a quarterly loss of $11.66 million.
    * iSun Inc shares had fallen by 16.0% this quarter and
lost 33.0%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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." 
    * Wall Street's median 12-month price target for iSun Inc is
$2.00

This summary was machine generated from LSEG data April 17 at
09:52 a.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
 Dec. 31 2023      -0.04          -0.11          Missed
 Sep. 30 2023      -0.04          -0.07          Missed
 Jun. 30 2023      -0.12          -0.13          Missed
 Mar. 31 2023      -0.20          -0.19          Beat