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PFIE

Profire Energy, Inc.

https://www.profireenergy.com

Industry

Oil & Gas Equipment & Services

Profire Energy, Inc., a technology company, provides burner, and combustion management systems and solutions for natural and forced draft applications in the United States and Canada. It primarily focuses on the upstream, midstream, and downstream transmission segments of the oil and gas industry. It also sells and installs its systems in Europe, South America, Africa, the Middle East, and Asia. The company was founded in 2002 and is based in Lindon, Utah.

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Profire Energy shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:55 pm

Profire Energy (NASDAQ:PFIE) reported Q2 2024 adjusted EPS of $0.04, beating the $0.03 estimate by 33.33%. Sales were $15.2M, surpassing the $14.1M estimate by 7.80% and showing a 5.23% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:49 pm

Profire Energy has announced a plan to repurchase up to $2 million of its common stock between now and June 30, 2025.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 9:11 pm

Profire Energy (NASDAQ:PFIE) reported Q1 2024 earnings of $0.03 per share, meeting analyst estimates but marking a 40% decrease from the previous year. Sales were $13.641M, exceeding estimates by 4.13% but showing a 6.27% decrease year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:24 pm

Profire Energy (NASDAQ:PFIE) reported Q4 earnings, beating estimates with an EPS of $0.07 against an expected $0.04, a 75% beat. Revenue increased by $400 thousand year-over-year. Despite missing EPS estimates last quarter, PFIE's share price increased by 3% the following day. The company has shown consistent revenue growth over the past four quarters.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:45 pm

Profire Energy (NASDAQ:PFIE) reported Q4 2023 earnings of $0.07 per share, surpassing the $0.03 estimate, but missed sales estimates with $14.400M against the expected $14.615M. This represents a 2.86% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:42 pm

Numerous companies are scheduled to report their earnings on March 13, 2024, covering a wide range of industries from biotech to retail. Notable mentions include Dollar Tree with expected earnings of $2.65 per share on $8.67 billion revenue, and Lennar with an estimate of $2.20 per share on $7.39 billion revenue. Several companies are anticipated to report losses, such as ZIM Integrated Shipping with a projected loss of $1.29 per share.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 10:15 am

Profire Energy (NASDAQ:PFIE) is anticipated to report a quarterly EPS of $0.04 on March 13, 2024. Despite a miss in the last quarter with no change in EPS, the stock rose by 3.39% the following day. Historically, Profire Energy has shown positive price changes post-earnings, with shares currently up 29.73% over the last 52 weeks. Investors are keen on both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 6:01 pm

Benzinga Insights has identified 5 value stocks in the energy sector based on low P/E ratios, indicating potential undervaluation. Profire Energy (PFIE), Drilling Tools Intl (DTI), North European Oil (NRT), Marathon Petroleum (MPC), and Smart Sand (SND) have P/E multiples ranging from 2.45 to 8.95. Recent earnings reports show mixed results, with some companies reporting increased earnings per share (EPS) and others reporting decreases. Dividend yields have also varied, with some companies showing a decrease in yield.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:39 pm

The article identifies five value stocks in the energy sector based on their low P/E ratios, suggesting they may be undervalued. The stocks are KLX Energy Services Hldgs (KLXE), Eni (E), Vitesse Energy (VTS), Profire Energy (PFIE), and Teekay Tankers (TNK). The article provides recent earnings per share data and dividend yield changes for these companies, noting that while value stocks may be undervalued, there is a risk they may not rebound.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 2:39 pm

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