PowerFleet Inc reports results for the quarter ended in June - Earnings Summary

PowerFleet

05/08/2021 20:23

* PowerFleet Inc  PWFL.OQ  reported a quarterly adjusted loss
of 8 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 8 cents per share.
* Revenue rose 30.2% to $33.55 million from a year ago; 
analysts expected $31.01 million. 
* PowerFleet Inc's reported EPS for the quarter was a loss of 8
cents​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* PowerFleet Inc shares had fallen by 6.1% this quarter and
lost 9.0% so far this year.
* The company reported a quarterly loss of $2.63 million.
* Wall Street's median 12-month price target for PowerFleet Inc
is $11.50 
* 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." 
This summary was machine generated August 5 at 07:23 p.m.  ​All
figures in US dollars unless otherwise stated