Published on 20 May 2023 on Zacks via Yahoo Finance
Pineapple Energy (PEGY) Reports Q1 Loss, Tops Revenue Estimates
Pineapple Energy (PEGY) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.58 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -225%. A quarter ago, it was expected that this broadband network services company would post earnings of $0.01 per share when it actually produced earnings of $0.12, delivering a surprise of 1,100%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.