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

PowerFleet

05/05/2023 19:35

* PowerFleet Inc  PWFL.OQ   PWFL.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 9. 
    * The Woodcliff Lake New Jersey-based  company is expected
to
report  a 0.7% increase in revenue to $33.403 million from
$33.16 million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for PowerFleet Inc is
for a
loss of 6 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for PowerFleet
Inc is
$7​, above​ its last closing price of $2.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.02        -0.04      -0.08     Missed  -84.6
 Sep. 30 2022  -0.09       -0.09      -0.10     Missed  -11.1
 Jun. 30 2022  -0.12       -0.12      -0.04     Beat    67.6​
 Mar. 31 2022  -0.11       -0.10      -0.12     Missed  -16.1
 ​​Dec.                    -0.09      -0.20     Missed  -122.2
 31 2021                                                
 Sep. 30 2021  -0.06       -0.06      -0.13     Missed  -129.4
                                                        ​
 Jun. 30 2021  -0.08       -0.08      -0.08     Met     0
 Mar. 31 2021  -0.07       -0.07      -0.09     Missed  -22.7
 This summary was machine generated May 5 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated