Wall Street brokerages expect Ideal Power Inc (NASDAQ:IPWR) to announce ($0.17) earnings per share (EPS) for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for Ideal Power’s earnings. The lowest EPS estimate is ($0.18) and the highest is ($0.15). Ideal Power posted earnings per share of ($0.29) during the same quarter last year, which would suggest a positive year over year growth rate of 41.4%. The firm is expected to report its next quarterly earnings report on Monday, February 26th.
On average, analysts expect that Ideal Power will report full-year earnings of ($0.83) per share for the current fiscal year, with EPS estimates ranging from ($0.83) to ($0.80). For the next year, analysts expect that the company will post earnings of ($0.59) per share, with EPS estimates ranging from ($0.66) to ($0.50). Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that follow Ideal Power.
Ideal Power (NASDAQ:IPWR) last announced its quarterly earnings data on Thursday, November 9th. The industrial products company reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.05. Ideal Power had a negative return on equity of 83.89% and a negative net margin of 839.03%. The firm had revenue of $0.40 million during the quarter, compared to analysts’ expectations of $0.61 million. Ideal Power’s revenue was up .0% on a year-over-year basis.
Ideal Power (NASDAQ IPWR) opened at $1.34 on Wednesday. Ideal Power has a 12 month low of $1.10 and a 12 month high of $3.59. The stock has a market capitalization of $18.06, a PE ratio of -1.40 and a beta of 1.17.
About Ideal Power
Ideal Power Inc (Ideal Power) designs, markets and sells electrical power conversion products using its Power Packet Switching Architecture (PPSA) technology. The Company’s PPSA is a power conversion technology that utilizes standardized hardware with application specific embedded software. It sells products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid.
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