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

APi

03/08/2023 14:32

* APi Group Corp  APG.N  reported quarterly adjusted
earnings of
41 cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
40 cents per share.
    * Revenue rose 7.4% to $1.77 billion from a year ago;
analysts
expected $1.77 billion. 
    * APi Group Corp's reported EPS for the quarter was 12
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * APi Group Corp shares had risen by 6.0% this quarter and
gained 53.6% so far this year.
    * The company reported quarterly net income of $37 million.
    * Wall Street's median 12-month price target for APi Group
Corp is
$29.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.40           0.41           Beat
 Mar. 31 2023      0.24           0.25           Beat
 Dec. 31 2022      0.34           0.36           Beat
 Sep. 30 2022      0.36           0.37           Beat