PowerFleet (AIOT) Q2 Earnings Miss Estimates

Core Viewpoint - PowerFleet reported quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share, compared to a loss of $0.02 per share a year ago [1][2] Financial Performance - The company posted revenues of $111.68 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 5.77%, and showing an increase from year-ago revenues of $77.02 million [3] - PowerFleet has topped consensus revenue estimates four times over the last four quarters [3] Stock Performance - PowerFleet shares have declined approximately 26.6% since the beginning of the year, while the S&P 500 has gained 14.4% [4] - The stock's immediate price movement will depend on management's commentary during the earnings call [4] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.05 on revenues of $110.27 million, and $0.25 on revenues of $431.17 million for the current fiscal year [8] - The estimate revisions trend for PowerFleet was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [7] Industry Context - The Transportation - Services industry, to which PowerFleet belongs, is currently in the bottom 11% of over 250 Zacks industries, suggesting potential challenges for stock performance [9] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [6]