* PowerFleet Inc AIOT.OQ reported a quarterly adjusted
loss
of 11 cents per share for the quarter ended December 31. The
mean expectation of six analysts for the quarter was
for earnings of one cent per share. Wall Street expected
results to range from -6 cents to 4 cents per share.
* Revenue was $106.43 million; analysts expected $99.43
million.
* PowerFleet Inc's reported EPS for the quarter was a loss
of 11
cents.
* The company reported a quarterly loss of $14.35 million.
* PowerFleet Inc shares had fallen by 10.7% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 54.6%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the it services &
consulting peer group is also "buy"
Wall Street's median 12-month price target for PowerFleet Inc is
$10.00
This summary was machine generated from LSEG data February 10 at
02:30 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 0.01 -0.11 Missed
Sep. 30 2024 -0.02 -0.02 Met
Jun. 30 2024 -0.10 -0.21 Missed
Mar. 31 2024 -0.10 -0.55 Missed