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

Advanced Energy Industries

09/02/2022 22:51

* Advanced Energy Industries Inc  AEIS.OQ  reported
quarterly
adjusted earnings of $1.36​​ per share for the quarter ended in
December. The mean expectation of eleven analysts for the
quarter was for earnings of 94 cents per share.
    * Revenue rose 7% to $396.93 million from a year ago; 
analysts
expected $356.99 million. 
    * Advanced Energy Industries Inc's reported EPS for the
quarter
was $1.05​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Advanced Energy Industries Inc shares had fallen by 8.1%
this
quarter.
    * The company reported quarterly net income of $39.66
million.
    * Wall Street's median 12-month price target for Advanced
Energy
Industries Inc is $110.00 
    * 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." 

This summary was machine generated February 9 at 10:51 p.m.
 ​All figures in US dollars unless otherwise stated