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

Pioneer Power Solutions

16/05/2023 06:46

* Pioneer Power Solutions Inc  PPSI.OQ  reported quarterly
adjusted earnings of 1 cent​​ per share for the quarter ended in
March. The lone analyst forecast for the quarter was for a loss
of 3 cents per share.
    * Revenue rose 40.9% to $8.51 million from a year ago;
analysts
expected $9.31 million. 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Pioneer Power Solutions Inc shares had risen by 53.4% this
quarter and gained 101.5% so far this year.
    * The company reported quarterly net income of $122
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 May
16 at 05:46 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.08          -0.26          Missed