PowerFleet Inc expected to post a loss of 8 cents a share - Earnings Preview

PowerFleet

03/05/2024 14:27

* PowerFleet Inc  PWFL.OQ   PWFL.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 7 (estimated)
for the period ending March 31 2024
    * The Woodcliff Lake New Jersey-based  company is expected
to
report a 6.4% increase in revenue to $34.93 million from $32.84
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for PowerFleet Inc is for a
loss
of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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
$9.00​, above​ its last closing price of $5.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              -0.10      -0.13     Missed  -30
 Sep. 30 2023              -0.07      -0.14     Missed  -90.9
 Jun. 30 2023  0.00        0.00       -0.12     Missed  -3,503
                                                        .6​
 Mar. 31 2023  -0.06       -0.06      -0.09     Missed  -50
 ​​Dec.        0.02        -0.04      -0.08     Missed  -84.6
 31 2022                                                
 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
 This summary was machine generated May 3 at 13:27 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)