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

Advanced Energy Industries

08/11/2021 22:50

* Advanced Energy Industries Inc  AEIS.OQ  reported quarterly
adjusted earnings of 89 cents​​ per share for the quarter ended
in September. The mean expectation of nine analysts for the
quarter was for earnings of 82 cents per share.
* Revenue fell 11.1% to $346.09 million from a year ago; 
analysts expected $341.53 million. 
* Advanced Energy Industries Inc's reported EPS for the quarter
was 55 cents​.
* The mean earnings estimate of analysts had fallen by
about 8.4% 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 risen by 8.4% this
quarter and lost 1.9% so far this year.
* The company reported quarterly net income of $21 million.
* Wall Street's median 12-month price target for Advanced Energy
Industries Inc is $106.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 8 at 10:50 p.m.
 ​All figures in US dollars unless otherwise stated