Broadwind (NASDAQ:BWEN) Releases Earnings Results, Beats Expectations By $0.04 EPS

Broadwind (NASDAQ:BWEN) announced its quarterly earnings data on Wednesday. The industrial products company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.04, Zacks reports. The business had revenue of $33.57 million during the quarter, compared to analyst estimates of $31.54 million. Broadwind had a return on equity of 5.39% and a net margin of 2.01%. Broadwind updated its FY 2025 guidance to EPS.

Broadwind Price Performance

NASDAQ BWEN opened at $1.56 on Friday. The company has a current ratio of 1.50, a quick ratio of 0.52 and a debt-to-equity ratio of 0.16. Broadwind has a 1 year low of $1.46 and a 1 year high of $4.65. The company has a market cap of $34.50 million, a PE ratio of 11.14 and a beta of 1.41. The stock’s 50-day moving average price is $1.78 and its two-hundred day moving average price is $1.92.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright cut their target price on shares of Broadwind from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Thursday.

Broadwind Company Profile

Broadwind, Inc manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets.