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

PowerFleet

05/05/2021 15:14

* PowerFleet Inc  PWFL.OQ  reported a quarterly adjusted loss
of 9 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 7 cents per share.
* Revenue fell 5.9% to $28.99 million from a year ago​; 
analysts expected $28.99 million.
* PowerFleet Inc's reported EPS for the quarter was a loss of 9
cents​.
* The mean earnings estimate of analysts had fallen by
about 388.9% 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 13.3% this quarter and
lost 4.1% so far this year.
* The company reported a quarterly loss of $2.98 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 May 5 at 02:14 p.m. GMT. ​All
figures in US Dollars.​