iPower (IPW) Scheduled to Post Quarterly Earnings on Thursday

iPower (NYSE:IPW) will be issuing 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 announced its quarterly earnings data on Thursday, September 19th. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. iPower had a negative return on equity of 3.74% and a negative net margin of 1.78%. The firm had revenue of $19.45 million during the quarter, compared to analyst estimates of $21.30 million.

iPower Trading Down 3.3 %

iPower stock opened at $1.35 on Thursday. The company has a market cap of $42.55 million, a PE ratio of -27.99 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’s 50-day moving average is $1.54 and its two-hundred day moving average is $1.58.

Wall Street Analysts Forecast Growth

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

About iPower

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.