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Bullboard - Stock Discussion Forum Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc. is a manufacturer of dry-type transformers in North America. It is engaged in engineering and manufacturing a range of standard and custom transformers that are exported in electrical equipment and systems. It enables electrification through its range of dry-type transformers, power quality products and related magnetics. Its standard and custom-designed products... see more

TSX:HPS.A - Post Discussion

Hammond Power Solutions Inc > numbers out Tuesday after market closes.
View:
Post by microcaphobby on May 01, 2023 12:43pm

numbers out Tuesday after market closes.

I think they beat the high estimate of 97 cents.. I bet they are closer to the $1.55/share they made in the 4th q. If that is the case the stock will move up to $60/share in near term, depending on the outlook provided.
Comment by blindpig on May 01, 2023 6:56pm
There use to be some seasonality in their results, but if their production capacity is basically sold out you can throw seasonality out the window.  People will order anytime just to secure their place in production.  The quarter end backlogs have been steadily increasing from the previous quarter  From their reports.....  Q1-22 +32%, Q2- +27%, Q3-22 +15%, Q4-22 +13%.  ...more  
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