iPower's Earnings Outlook
Portfolio Pulse from Benzinga Insights
iPower (NASDAQ:IPW) is scheduled to release its quarterly earnings report on February 14, 2024, with an expected EPS of $-0.05. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for the next quarter. iPower's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat followed by a 9.25% drop. Shares are currently trading at $0.59, down 22.68% over the last year, indicating a negative sentiment among long-term shareholders.
February 13, 2024 | 7:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
iPower is expected to report an EPS of $-0.05 for the upcoming quarter. Historical data shows mixed reactions in stock price to past earnings performances, with a notable 9.25% drop after the last beat. The stock is currently down 22.68% over the past year.
Given iPower's mixed historical stock performance post-earnings and the current negative sentiment reflected in its 22.68% yearly decline, the short-term impact is uncertain. The focus will be on whether iPower can beat the EPS estimate and provide positive future guidance, which could potentially sway stock direction. However, the recent trend and investor sentiment suggest a cautious approach.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100