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

Pioneer Power Solutions

31/03/2023 24:16

* Pioneer Power Solutions Inc  PPSI.OQ  reported quarterly
adjusted earnings of 10 cents​​ per share for the quarter ended
in December. The lone analyst forecast for the quarter was for a
loss of 7 cents per share.
    * Revenue rose 172.3% to $9.52 million from a year ago;
analysts
expected $10.96 million. 
    * Pioneer Power Solutions Inc's reported EPS for the quarter
was
10 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. 
    * Pioneer Power Solutions Inc shares had fallen by 1.1% this
quarter.
    * The company reported quarterly net income of $948
thousand.
    * 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 LSEG Refinitiv data
March 30 at 11:15 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.07          0.10           Beat
 Sep. 30 2022      -0.11          -0.13          Missed
 Jun. 30 2022      -0.08          -0.26          Missed
 Mar. 31 2022      -0.07          -0.08          Missed