iSun Inc reports results for the quarter ended in December - Earnings Summary

Reuters04-17

* iSun Inc reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of three analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -6 cents to -3 cents per share.

* Revenue fell 1.7% to $25.41 million from a year ago; analysts expected $28.05 million.

* iSun Inc's reported EPS for the quarter was a loss of 38 cents​.

* The company reported a quarterly loss of $11.66 million.

* iSun Inc shares had fallen by 16.0% this quarter and lost 33.0% 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* Wall Street's median 12-month price target for iSun Inc is $2.00

This summary was machine generated from LSEG data April 17 at 09:52 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

Dec. 31 2023 -0.04 -0.11 Missed

Sep. 30 2023 -0.04 -0.07 Missed

Jun. 30 2023 -0.12 -0.13 Missed

Mar. 31 2023 -0.20 -0.19 Beat

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