Pioneer Pwr Sol Cmn (OTCMKTS:PPSI) posted its earnings results on Thursday. The industrial products company reported $0.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.13, Morningstar.com reports. The firm had revenue of $25.96 million during the quarter, compared to analyst estimates of $26.90 million.
PPSI traded up $0.02 during mid-day trading on Friday, hitting $5.50. The stock had a trading volume of 25,044 shares, compared to its average volume of 6,346. Pioneer Pwr Sol Cmn has a 1-year low of $4.40 and a 1-year high of $7.95.
Separately, Zacks Investment Research upgraded shares of Pioneer Pwr Sol Cmn from a “sell” rating to a “hold” rating in a report on Thursday, July 19th.
WARNING: “Pioneer Pwr Sol Cmn (PPSI) Announces Quarterly Earnings Results” was first published by Macon Daily and is owned by of Macon Daily. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://macondaily.com/2018/11/09/pioneer-pwr-sol-cmn-ppsi-announces-quarterly-earnings-results.html.
About Pioneer Pwr Sol Cmn
Pioneer Power Solutions, Inc manufactures, sells and services a range of specialty electrical transmission, distribution and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. The Company operates through two segments: Transmission & Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power).
Featured Article: Benefits of owning preferred stock
Receive News & Ratings for Pioneer Pwr Sol Cmn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pioneer Pwr Sol Cmn and related companies with MarketBeat.com's FREE daily email newsletter.