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

APi

04/08/2022 14:33

* APi Group Corp  APG.N  reported quarterly adjusted
earnings of
37 cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
35 cents per share.
    * Revenue rose 68.6% to $1.65 billion from a year ago;
analysts
expected $1.65 billion. 
    * APi Group Corp's reported EPS for the quarter was 6
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * APi Group Corp shares had risen by 22.2% this quarter and
lost 29.0% so far this year.
    * The company reported quarterly net income of $19 million.
    * Wall Street's median 12-month price target for APi Group
Corp is
$22.50 
    * 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 August 4
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.35           0.37           Beat
 Mar. 31 2022      0.20           0.23           Beat
 Dec. 31 2021      0.26           0.29           Beat
 Sep. 30 2021      0.35           0.35           Met