PowerFleet Earnings Preview
Portfolio Pulse from Benzinga Insights
PowerFleet (NASDAQ:PWFL) is set to release its quarterly earnings report on November 9, 2023. Analysts estimate an EPS of -$0.01. The company's past performance shows a pattern of share price drops following earnings misses. Shares are currently trading at $1.9 and have fallen 24.9% over the last 52 weeks.
November 08, 2023 | 7:01 pm
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PowerFleet's upcoming earnings report could impact its stock price, especially if it misses estimates as it has in the past. The stock has been on a downward trend, falling 24.9% over the past year.
PowerFleet's stock price has historically been affected by its earnings reports, particularly when it misses estimates. Given the current downward trend of the stock and the upcoming earnings report, there is potential for further negative impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100