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

Sunation Energy

10/08/2023 23:24

* Pineapple Energy Inc  PEGY.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for a loss of 5 cents
per share.
    * Revenue rose 236.7% to $19.84 million from a year ago;
analysts
expected $22.40 million. 
    * Pineapple Energy Inc's reported EPS for the quarter was a
loss
of 3 cents​.
    * The mean earnings estimate of analysts had risen by
about 16.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Pineapple Energy Inc shares had fallen by 10.2% this
quarter and
lost 47.2% so far this year.
    * The company reported a quarterly loss of $1.55 million.
    * Wall Street's median 12-month price target for Pineapple
Energy
Inc is $5.70 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 10:24 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.05          -0.03          Beat
 Mar. 31 2023      -0.10          -0.26          Missed
 Dec. 31 2022      -0.10          -0.41          Missed
                                  -0.34