iPower (IPW) Set to Announce Earnings on Thursday

iPower (NYSE:IPW) is scheduled 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.

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

iPower Price Performance

Shares of NYSE:IPW opened at $1.35 on Thursday. The company’s 50 day simple moving average is $1.54 and its 200 day simple moving average is $1.58. iPower has a 1 year low of $0.40 and a 1 year high of $3.65. The stock has a market capitalization of $42.55 million, a price-to-earnings ratio of -27.99 and a beta of 4.07.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded iPower from a “hold” rating to a “buy” rating in a research report 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.