Advanced Energy Industries Inc expected to post earnings of 94  cents a share - Earnings Preview

Advanced Energy Industries

08/02/2022 03:02

* Advanced Energy Industries Inc  AEIS.OQ   AEIS.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 9. 
    * The Denver Colorado-based  company is expected to report 
a
3.8% decrease in revenue to $356.99 million from $370.97 million
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Advanced Energy
Industries Inc is for earnings of 94 cents per share. For the
same quarter last year, the company reported earnings of $1.49
per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 5
"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 $110​, about 24.5% above​ its last closing
price of $83.05. ​​​
    * 

This summary was machine generated February 8 at 03:01 GMT.  All
figures in US dollars  unless otherwise stated