Countdown to PowerFleet (AIOT) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Insights - PowerFleet (AIOT) is expected to report quarterly earnings of $0.05 per share, reflecting a significant increase of 350% year-over-year [1] - Analysts forecast revenues of $105.59 million for the quarter, indicating a year-over-year growth of 37.1% [1] - There have been no revisions in the consensus EPS estimate over the past 30 days, suggesting stability in analyst projections [1] Revenue Projections - Analysts estimate 'Revenue- Service' to reach $87.42 million, representing a year-over-year increase of 54.1% [4] - The consensus for 'Revenue- Product' is projected at $18.93 million, indicating a decline of 6.7% year-over-year [4] Profit Estimates - 'Gross profit- Product' is expected to be $5.11 million, down from $6.36 million reported in the same quarter last year [4] - Analysts project 'Gross profit- Service' to be $57.00 million, compared to $34.98 million from the previous year [5] Stock Performance - PowerFleet shares have decreased by 5% over the past month, contrasting with a 1.3% increase in the Zacks S&P 500 composite [5] - The company holds a Zacks Rank 3 (Hold), indicating expectations to mirror overall market performance in the near future [5]