Broadwind Inc BWEN.OQ reported quarterly breakeven results per share for the quarter , lower than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of four analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -4 cents to -3 cents per share.
Revenue fell 37.9% to $35.50 million from a year ago; analysts expected $36.80 million.
Broadwind Inc's reported EPS for the quarter was breakeven results.
The company reported quarterly net income of $74 thousand.
Broadwind Inc shares had fallen by 25.6% this quarter and lost 39.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 194.2% 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 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the renewable energy equipment & services peer group is also "buy"
Wall Street's median 12-month price target for Broadwind Inc is 4.50
This summary was machine generated from LSEG data November 13 at 03:16 p.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 | -0.03 | 0.00 | Beat |
Jun. 30 2024 | 0.01 | 0.02 | Beat |
Mar. 31 2024 | -0.06 | 0.07 | Beat |
Dec. 31 2023 | 0.01 | 0.05 | Beat |
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