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

Profire Energy

10/08/2023 14:31

* Profire Energy Inc  PFIE.OQ  reported quarterly adjusted
earnings of 6 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue rose 49.9% to $14.44 million from a year ago;
analysts
expected $13.75 million. 
    * Profire Energy Inc's reported EPS for the quarter was 6
cents​.
    * The mean earnings estimate of analysts had risen by
about 28.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Profire Energy Inc shares had risen by 25.2% this
quarter and
gained 45.3% so far this year.
    * The company reported quarterly net income of $2.86
million.
    * Wall Street's median 12-month price target for Profire
Energy
Inc is $2.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.05           0.06           Beat
 Mar. 31 2023      0.03           0.05           Beat
 Dec. 31 2022      0.02           0.04           Beat
 Sep. 30 2022      0.02           0.02           Met