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Stock impact report

IPower Inc. (IPW) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]

iPower Inc. (IPW) 
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily gain of 1.23%. Meanwhile, the Dow gained 1.02%, and the Nasdaq, a tech-heavy index, added 1.43%. Heading into today, shares of the company had lost 11.93% over the past month, lagging the Consumer Discretionary sector's gain of 1.35% and the S&P 500's loss of 0.54% in that time. The investment community will be closely monitoring the performance of iPower Inc. in its forthcoming earnings report. On that day, iPower Inc. is projected to report earnings of $0.02 per share, which would represent year-over-year growth of 150%. In the meantime, our current consensus estimate forecasts the revenue to be $20.9 million, indicating a 21.16% decline compared to the corresponding quarter of the prior year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.13 per share and a revenue of $92.3 million, signifying shifts of +1400% and +7.24%, respectively, from the last year. Investors might also notice rece Show less Read more
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