PowerFleet Inc expected to post breakeven results a share - Earnings Preview

PowerFleet

04/08/2023 19:34

* PowerFleet Inc  PWFL.OQ   PWFL.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 8. 
    * The Woodcliff Lake New Jersey-based  company is expected
to
report  a 0.1% increase in revenue to $34.63 million from $34.59
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
breakeven results 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
$6.5​, above​ its last closing price of $2.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.06       -0.06      -0.09     Missed  -50
 Dec. 31 2023  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.        -0.11       -0.10      -0.12     Missed  -16.1
 31 2022                                                
 Dec. 31 2021              -0.09      -0.20     Missed  -122.2
                                                        ​
 Sep. 30 2021  -0.06       -0.06      -0.13     Missed  -129.4
 Jun. 30 2021  -0.08       -0.08      -0.08     Met     0
 This summary was machine generated August 4 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated