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

Pioneer Power Solutions

14/08/2023 22:48

* Pioneer Power Solutions Inc  PPSI.OQ  reported a quarterly
adjusted loss of 3 cents​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was
for breakeven results per share.
    * Revenue rose 115.6% to $12.13 million from a year ago;
analysts
expected $9.66 million. 
    * Pioneer Power Solutions Inc's reported EPS for the quarter
was a
loss of 3 cents​.
    * The mean earnings estimate of analysts had risen by
about 100%
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 21.8%
this
quarter and gained 145.1% so far this year.
    * The company reported a quarterly loss of $319 thousand.
    * Wall Street's median 12-month price target for Pioneer
Power
Solutions Inc is $12.00 
    * 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 LSEG Refinitiv data
August 14 at 09:48 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.00           -0.03          Missed
 Mar. 31 2023      -0.03          0.01           Beat
 Dec. 31 2022      -0.07          0.10           Beat
 Sep. 30 2022      -0.11          -0.13          Missed