Advanced Energy Industries Inc expected to post earnings of $1.05 a share - Earnings Preview

Advanced Energy Industries

02/08/2023 03:03

* Advanced Energy Industries Inc  AEIS.OQ   AEIS.O  is
expected
to show a fall in quarterly revenue when it reports  results on
August 3. 
    * The Denver Colorado-based  company is expected to report 
a
6.4% decrease in revenue to $412.657 million from $440.95
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on May
3 2023, for the period ended June 30, was for revenue between
390.00 million and 430.00 million.
    * ​Refinitiv's mean analyst estimate for Advanced Energy
Industries Inc is for earnings of $1.05 per share. The company's
EPS guidance on May 3 2023, for the period ended June 30, was
between 0.75 and 1.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Advanced
Energy
Industries Inc is $112​, below​ its last closing price
of $126.03. ​​​

The company's guidance on May 3 2023 for the period ended June
30 was for gross profit margin between 36.1% and 36.3%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.14        1.13       1.24      Beat    9.5
 Dec. 31 2023  1.60        1.60       1.70      Beat    6.5
 Sep. 30 2022  1.41        1.38       2.12      Beat    53.6​
 Jun. 30 2022  1.12        1.11       1.44      Beat    29.8
 ​​Mar.        0.95        0.95       1.24      Beat    30.5
 31 2022                                                
 Dec. 31 2021  0.96        0.94       1.36      Beat    44​
 Sep. 30 2021  0.83        0.82       0.89      Beat    8.3
 Jun. 30 2021  1.29        1.27       1.25      Missed  -1.8
 This summary was machine generated August 2 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated