Advanced Energy Industries Inc expected to post earnings of $1.13 a share - Earnings Preview

Advanced Energy Industries

02/05/2023 03:04

* Advanced Energy Industries Inc  AEIS.OQ   AEIS.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 3. 
    * The Denver Colorado-based  company is expected to report 
a
4.4% increase in revenue to $415.146 million from $397.46
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
February 8 2023, for the period ended March 31, was for revenue
between $395.00 million and $435.00 million.
    * ​Refinitiv's mean analyst estimate for Advanced Energy
Industries Inc is for earnings of $1.13 per share. The company's
EPS guidance on February 8 2023, for the period ended March
31, was between $0.85 and $1.35 
    * 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."  
    * 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 $105​, above​ its last closing price
of $87.48. ​​​

The company's guidance on February 8 2023 for the period ended
March 31 was for gross profit margin between USD36.1% and
USD36.3%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.95        0.95       1.24      Beat    30.5
 ​​Dec.        0.96        0.94       1.36      Beat    44
 31 2021                                                
 Sep. 30 2021  0.83        0.82       0.89      Beat    8.3​
 Jun. 30 2021  1.29        1.27       1.25      Missed  -1.8
 Mar. 31 2021  1.27        1.26       1.29      Beat    2.2
 This summary was machine generated May 2 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated