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

Ideal Power

14/11/2022 22:44

* Ideal Power Inc  IPWR.OQ  reported a quarterly adjusted
loss
of 28 cents​​ per share for the quarter ended in September. The
lone analyst forecast for the quarter was for a loss of 29 cents
per share.
    * Revenue fell 91.7% to $10.00 thousand from a year ago;
analysts
expected $200.00 thousand. 
    * Ideal Power Inc's reported EPS for the quarter was a loss
of 28
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.5%
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 15.5% this quarter and
lost 0.9% so far this year.
    * The company reported a quarterly loss of $1.7 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 November
14 at 10:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.29          -0.28          Beat
 Jun. 30 2022      -0.29          -0.27          Beat
 Mar. 31 2022      -0.25          -0.31          Missed
 Dec. 31 2021      -0.21          -0.23          Missed