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

APi

03/11/2022 13:31

* APi Group Corp  APG.N  reported quarterly adjusted
earnings of
37 cents​​ per share for the quarter ended in September. The
mean expectation of ten analysts for the quarter was
for earnings of 36 cents per share.
    * Revenue rose 65.7% to $1.74 billion from a year ago;
analysts
expected $1.68 billion. 
    * APi Group Corp's reported EPS for the quarter was 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * APi Group Corp shares had risen by 18.8% this quarter and
lost 38.8% so far this year.
    * The company reported quarterly net income of $51 million.
    * Wall Street's median 12-month price target for APi Group
Corp is
$20.00 
    * 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 November
3 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.36           0.37           Beat
 Jun. 30 2022      0.35           0.37           Beat
 Mar. 31 2022      0.20           0.23           Beat
 Dec. 31 2021      0.26           0.29           Beat