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

Advanced Energy Industries

05/05/2022 24:23

* Advanced Energy Industries Inc  AEIS.OQ  reported
quarterly
adjusted earnings of $1.24​​ per share for the quarter ended in
March. The mean expectation of eleven analysts for the quarter
was for earnings of 95 cents per share.
    * Revenue rose 13% to $397.46 million from a year ago; 
analysts
expected $360.99 million. 
    * Advanced Energy Industries Inc's reported EPS for the
quarter
was 97 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Advanced Energy Industries Inc shares had fallen by 8.5%
this
quarter and lost 13.5% so far this year.
    * The company reported quarterly net income of $36.78
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 May 4 at 11:23 p.m.  ​All
figures in US dollars unless otherwise stated