iPower (IPW) Set to Announce Earnings on Thursday

iPower (NYSE:IPW) is set to issue its quarterly earnings data after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

iPower (NYSE:IPW) last issued its quarterly earnings results on Thursday, September 19th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.02. The business had revenue of $19.45 million for the quarter, compared to the consensus estimate of $21.30 million. iPower had a negative net margin of 1.78% and a negative return on equity of 3.74%.

iPower Price Performance

IPW opened at $1.28 on Wednesday. The firm has a market cap of $40.22 million, a P/E ratio of -25.20 and a beta of 4.07. iPower has a 1-year low of $0.40 and a 1-year high of $3.65. The company has a 50 day simple moving average of $1.54 and a two-hundred day simple moving average of $1.60.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded iPower from a “hold” rating to a “buy” rating in a research note on Sunday, September 29th.

iPower Company Profile

iPower Inc operates as an online retailer and supplier of consumer home, garden, and pet products for commercial businesses and individuals in the United States. The company offers grow light systems; advanced heating, ventilation, and air conditioning systems; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media products.