Pineapple Energy Inc expected to post a loss of 58 cents a share - Earnings Preview

Sunation Energy

29/03/2023 21:12

* Pineapple Energy Inc  PEGY.OQ   PEGY.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 31. 
    * The Minnetonka Minnesota-based  company is expected to
report  a
96.9% decrease in revenue to $319 thousand from $10.16 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Pineapple Energy
Inc is
for a loss of 58 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the electric
utilities
peer group is also "Buy".​
    * Wall Street's median 12-month price target for Pineapple
Energy
Inc is $5.6​, above​ its last closing price of $1.44. ​​​

This summary was machine generated March 29 at 20:12 GMT.  All
figures in US dollars  unless otherwise stated