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Powerfleet, Inc. reports results for the quarter ended June 30 - Earnings Summary

Powerfleet, Inc. reports results for the quarter ended June 30 - Earnings Summary
  • Powerfleet, Inc. AIOT.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of six analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -2 cents to -1 cents per share.

  • Revenue rose 6.4% to $110.79 million from a year ago; analysts expected $115.73 million.

  • Powerfleet, Inc.'s reported EPS for the quarter was a loss of 6 cents​.

  • The company reported a quarterly loss of $8.44 million.

  • Powerfleet, Inc. shares had risen by 15.1% this quarter and lost 17.1% so far this year.

FORECAST CHANGES

  • 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 $9.50, about 53.6% above its last closing price of $4.41

This summary was machine generated from LSEG data August 10 at 01:31 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

-0.02

-0.06

Missed

Mar. 31 2026

-0.01

-0.02

Missed

Dec. 31 2025

0.01

-0.03

Missed

Sep. 30 2025

0.01

-0.03

Missed

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