iPower Inc (IPW) Q4 2024 Earnings Report Preview: What to Expect

iPower Inc (IPW, Financial) is set to release its Q4 2024 earnings on Sep 19, 2024. The consensus estimate for Q4 2024 revenue is $21.30 million, and the earnings are expected to come in at $0.01 per share. The full year 2024's revenue is expected to be $87.90 million and the earnings are expected to be $-0.06 per share. More detailed estimate data can be found on the Forecast page.

iPower Inc (IPW, Financial) Estimates Trends

Over the past 90 days, revenue estimates for iPower Inc (IPW) for the full year 2024 have increased from $86.90 million to $87.90 million. For 2025, the revenue estimates have risen from $89.40 million to $94.60 million. Earnings estimates for the full year 2024 have improved from $-0.10 per share to $-0.06 per share, and for 2025, the estimates have increased from $0.01 per share to $0.06 per share.

iPower Inc (IPW, Financial) Reported History

In the previous quarter of March 31, 2024, iPower Inc's (IPW) actual revenue was $23.31 million, which beat analysts' revenue expectations of $18.60 million by 25.32%. iPower Inc's (IPW) actual earnings were $0.03 per share, which beat analysts' earnings expectations of $-0.06 per share by 150%. After releasing the results, iPower Inc (IPW) was up by 42.59% in one day.

iPower Inc (IPW, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for iPower Inc (IPW) is $2.75 with a high estimate of $2.75 and a low estimate of $2.75. The average target implies an upside of 58.96% from the current price of $1.73.

Based on GuruFocus estimates, the estimated GF Value for iPower Inc (IPW, Financial) in one year is $0, suggesting a downside of -100% from the current price of $1.73.

Based on the consensus recommendation from 1 brokerage firm, iPower Inc's (IPW, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.