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

Ideal Power

15/08/2022 22:49

* Ideal Power Inc  IPWR.OQ  reported a quarterly adjusted
loss
of 27 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 29 cents per
share.
    * Revenue fell 41.2% to $50.00 thousand from a year ago;
analysts
expected $200.00 thousand. 
    * Ideal Power Inc's reported EPS for the quarter was a loss
of 27
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.4%
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 15.9% this quarter and
gained 17.7% so far this year.
    * The company reported a quarterly loss of $1.69 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 August 15
at 09:49 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.29          -0.27          Beat
 Mar. 31 2022      -0.25          -0.31          Missed
 Dec. 31 2021      -0.21          -0.23          Missed
 Sep. 30 2021      -0.24          -0.20          Beat