Advanced Energy Industries Inc expected to post earnings of $1.60 a share - Earnings Preview

Advanced Energy Industries

07/02/2023 24:46

* Advanced Energy Industries Inc  AEIS.OQ   AEIS.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 8. 
    * The Denver Colorado-based  company is expected to report 
a
20.1% increase in revenue to $476.879 million from $396.93
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
November 1 2022, for the period ended December 31, was for
revenue between $450.00 million and $490.00 million.
    * ​Refinitiv's mean analyst estimate for Advanced Energy
Industries Inc is for earnings of $1.60 per share. The company's
EPS guidance on November 1 2022, for the period ended December
31, was between $1.30 and $1.80 
    * 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 $90​, below​ its last closing price of $95.79.
​​​

The company's guidance on November 1 2022 for the period ended
December 31 was for gross profit margin of USD37%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.96        0.94       1.36      Beat    44
 ​​Sep.        0.83        0.82       0.89      Beat    8.3
 30 2021                                                
 Jun. 30 2021  1.29        1.27       1.25      Missed  -1.8​
 Mar. 31 2021  1.27        1.26       1.29      Beat    2.2
 Dec. 31 2020  1.36        1.35       1.49      Beat    10.1
 This summary was machine generated February 7 at 00:46 GMT.  All
figures in US dollars  unless otherwise stated