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AEIS — Advanced Energy Industries News Story

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Advanced Energy Industries Inc reports results for the quarter ended December 31 - Earnings Summary

* Advanced Energy Industries Inc  AEIS.OQ  reported
quarterly
adjusted earnings of $1.30​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of $1.24.  The mean expectation of
twelve analysts for the quarter was for earnings of $1.10 per
share. Wall Street expected results to range from 97 cents
to $1.18 per share.
    * Revenue rose 2.5% to $415.40 million from a year ago;
analysts
expected $393.91 million. 
    * Advanced Energy Industries Inc's reported EPS for the
quarter
was $1.29​.
    * The company reported quarterly net income of $48.87
million.
    * Advanced Energy Industries Inc shares had fallen by 3.7%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electrical
components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Advanced Energy
Industries Inc is $132.50 
This summary was machine generated from LSEG data February 12 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.10           1.30           Beat
 Sep. 30 2024      0.91           0.98           Beat
 Jun. 30 2024      0.71           0.85           Beat
 Mar. 31 2024      0.67           0.58           Missed

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