APi Group Corp reports results for the quarter ended in December - Earnings Summary

APi

28/02/2023 14:31

* APi Group Corp  APG.N  reported quarterly adjusted
earnings of
36 cents​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for earnings of
34 cents per share.
    * Revenue rose 53.1% to $1.70 billion from a year ago;
analysts
expected $1.63 billion. 
    * APi Group Corp's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * APi Group Corp shares had risen by 24.5% this quarter.
    * The company reported quarterly net income of $11 million.
    * Wall Street's median 12-month price target for APi Group
Corp is
$24.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.34           0.36           Beat
 Sep. 30 2022      0.36           0.37           Beat
 Jun. 30 2022      0.35           0.37           Beat
 Mar. 31 2022      0.20           0.23           Beat