Power Solutions International, Inc. reports results for the quarter ended June 30 - Earnings Summary
Power Solutions International, Inc. reports results for the quarter ended June 30 - Earnings Summary
Power Solutions International, Inc. PSIX.OQ reported quarterly adjusted earnings of 73 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.24. The mean expectation of two analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 27 cents to 36 cents per share.
Revenue fell 20.5% to $152.54 million from a year ago; analysts expected $133.95 million.
Power Solutions International, Inc.'s reported EPS for the quarter was 73 cents.
The company reported quarterly net income of $16.86 million.
Power Solutions International, Inc. shares had fallen by 15.3% this quarter and lost 42.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 70.6% 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 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "buy"
Wall Street's median 12-month price target for Power Solutions International, Inc. is $66.00, about 50.1% above its last closing price of $32.93
This summary was machine generated from LSEG data August 6 at 09:50 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 |
Jun. 30 2026 | 0.32 | 0.73 | Beat |
Mar. 31 2026 | 0.74 | 0.36 | Missed |
Dec. 31 2025 | 0.64 | 0.70 | Beat |
Sep. 30 2025 | 0.98 | 1.20 | Beat |
Recent news on Power Solutions International
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Power Solutions International, Inc. reports results for the quarter ended June 30 - Earnings Summary
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