iPower Inc expected to post a loss of 6 cents a share - Earnings Preview

Ipower

10/05/2024 22:40

* iPower Inc  IPW.OQ   IPW.O  is expected to show a fall in
quarterly revenue when it reports  results on May 14 for the
period ending March 31 2024
    * The Rancho Cucamonga California-based  company is expected
to
report a 8.0% decrease in revenue to $18.6 million from $20.23
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for iPower Inc is for a loss
of 6
cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for iPower Inc
is
$1.00​, above​ its last closing price of $0.61. ​​​

This summary was machine generated May 10 at 21:40 GMT.  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)