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

Ideal Power

02/03/2023 21:51

* Ideal Power Inc  IPWR.OQ  reported a quarterly adjusted
loss
of 31 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of 33 cents
per share.
    * Revenue fell 86.8% to $17.00 thousand from a year ago;
analysts
expected zero. 
    * Ideal Power Inc's reported EPS for the quarter was a loss
of 31
cents​.
    * 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. 
    * Ideal Power Inc shares had risen by 12.1% this quarter.
    * The company reported a quarterly loss of $1.89 million.
    * Wall Street's median 12-month price target for Ideal Power
Inc
is $18.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 2
at 09:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.33          -0.31          Beat
 Sep. 30 2022      -0.29          -0.28          Beat
 Jun. 30 2022      -0.29          -0.27          Beat
 Mar. 31 2022      -0.25          -0.31          Missed