Profire Energy Inc reports results for the quarter ended in September 30 - Earnings Summary

Profire Energy

07/11/2024 04:16

* Profire Energy Inc  PFIE.OQ  reported quarterly adjusted
earnings of 4 cents​​ per share for the quarter ended September
30, identical to the same quarter last year.  The lone analyst
forecast for the quarter was for earnings of 4 cents per share. 
    * Revenue rose 8% to $16.02 million from a year ago;
analysts
expected $15.20 million. 
    * Profire Energy Inc's reported EPS for the quarter was 4
cents​.
    * The company reported quarterly net income of $2.18
million.
    * Profire Energy Inc shares had risen by 49.4% this
quarter and
gained 38.7% so far this year.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil related
services and equipment peer group is also "hold"

Wall Street's median 12-month price target for Profire Energy
Inc is 2.55 
This summary was machine generated from LSEG data November 7 at
04:15 a.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
 Sep. 30 2024      0.04           0.04           Met
 Jun. 30 2024      0.03           0.04           Beat
 Mar. 31 2024      0.03           0.03           Met
 Dec. 31 2023      0.04           0.07           Beat