Broadwind Energy Shares Down 27% Month-to-Date, Eyes March 11 Earnings
Broadwind Energy shares fell 1.23% to $2.41 on February 20, underperforming the S&P 500’s 0.69% gain and marking a 27.16% drop month-to-date versus a 9.59% sector rise. The company forecasts March 11 earnings with EPS of -$0.05 (down 25% YoY) on revenues of $36.97 million (+10.15%).
1. Recent Stock Performance
Broadwind Energy closed at $2.41 on February 20, down 1.23% from the prior session. Over the past month, shares have dropped 27.16%, lagging the Industrial Products sector’s 9.59% gain and the S&P 500’s 1% loss.
2. Upcoming Earnings Forecast
The company will release Q1 results on March 11, with EPS projected at -$0.05, a 25% year-over-year decline, and revenue of $36.97 million, up 10.15% from the year-ago quarter.
3. Analyst Estimates and Rankings
Full-year consensus estimates call for EPS of $0.21 (up 320% YoY) and revenue of $157.52 million (+10.05%). The proprietary rank model assigns a #4 (Sell) rating after EPS estimates fell 263.64% this month, and the industry group ranks in the top 28% out of 250+.